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Europe: Climate Neutral by 2050?

Author

Listed:
  • Theresa Berz
  • Klaus Gründler
  • Anina Harter
  • Johannes Pfeiffer
  • Karen Pittel
  • Niklas Potrafke
  • Fabian Ruthardt

Abstract

Many economists are in favor of a more muscular European climate policy. This is shown by the results of the 35th ifo and FAZ Economists Panel. A large majority supports an extension of EU emissions trading to cover the transport and heating sectors as well as additional sector-specific investments, especially in buildings and transport. Revenue from carbon pricing should be returned to citizens as a per capita lump sum. There is little support for a greening of the ECB’s monetary policy.

Suggested Citation

  • Theresa Berz & Klaus Gründler & Anina Harter & Johannes Pfeiffer & Karen Pittel & Niklas Potrafke & Fabian Ruthardt, 2021. "Europe: Climate Neutral by 2050?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(10), pages 66-70, October.
    • Handle: RePEc:ces:ifosdt:v:74:y:2021:i:10:p:66-70
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