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A Quick Look at the Climate: The Coronavirus Crisis and its Impact on the Environment, the Climate, and Energy Prices

Author

Listed:
  • Sandra Gschnaller
  • Jana Lippelt
  • Karen Pittel

Abstract

The restrictions on economic activity and the associated reduction in demand for energy have reduced pollution and thus improved air quality. In addition, global CO2 emissions are expected to fall by 5.5 percent. However, this decrease is not sufficient to meet global climate targets in the long term.

Suggested Citation

  • Sandra Gschnaller & Jana Lippelt & Karen Pittel, 2020. "A Quick Look at the Climate: The Coronavirus Crisis and its Impact on the Environment, the Climate, and Energy Prices," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(05), pages 71-75, May.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:05:p:71-75
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    File URL: https://www.ifo.de/DocDL/sd-2020-05-pittel-gschnaller-lippelt-klima-umweltwirkungen-corona.pdf
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    Citations

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    Cited by:

    1. Henni, Sarah & Schäffer, Michael & Fischer, Peter & Weinhardt, Christof & Staudt, Philipp, 2023. "Bottom-up system modeling of battery storage requirements for integrated renewable energy systems," Applied Energy, Elsevier, vol. 333(C).

    More about this item

    Keywords

    Epidemie; Umweltbelastung; Klima; Treibhausgas-Emissionen; Luftverschmutzung; Energiepreis;
    All these keywords.

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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