Allianz Research: “Eight lessons learned from 20 years of ESG investing”
by Ludovic Subran, Arne Holzhausen, Gernot Wagner, and Markus Zimmer
Writing
My columns, essays, books, as well as research and teaching materials like case studies.
How States Like Texas Are Driving the Clean Energy Boom in the Trump Era
Despite federal rollbacks, both red and blue states are using federal and state incentives to drive investment and upgrade energy infrastructure.
How can Ørsted overcome its US challenges?
Financial Times business school teaching case study
How should solar-panel makers respond to falling prices?
Financial Times business school teaching case study
The Climate Policy Pendulum
Although US President-elect Donald Trump and his fellow Republicans give climate advocates plenty to worry about, all hope is not lost. Clean-energy technologies still have decisive physical advantages over the alternatives, and economic common sense will eventually win out.
Synthesis of evidence yields high social cost of carbon due to structural model variation and uncertainties
by Frances C. Moore, Moritz A. Drupp, James Rising, Simon Dietz, Ivan Rudik & Gernot Wagner
What Will Trump’s Victory Mean for the Climate?
On climate and especially environmental policy, the return of Donald Trump to the White House is clearly bad news. But the outlook is uncertain, because Trump has sent mixed signals about the kinds of policy changes he might pursue, and it remains to be seen what effect he can have on broader technological and market trends.
Capture or cut carbon to make steel greener?
Financial Times business school teaching case study
Floods are wreaking havoc around the world. Vienna might have found an answer
The Austrian capital has been spared the worst of recent flooding. Its experience could be a lesson in how to tackle the climate crisis
Gute Industriepolitik ebnet den Weg zu effektiven CO2-Preisen
Es gibt handfeste Gründe dafür, effizienten Technologien zum Durchbruch zu verhelfen.
Climate policy curves highlight key mitigation choices
by Martin C. Hänsel, Michael D. Bauer, Moritz A. Drupp, Gernot Wagner & Glenn D. Rudebusch
The Best Climate Policy Puts Carrots Before Sticks
Economists have long insisted that the only way to cut emissions of carbon dioxide and other greenhouse gases rapidly and at scale is to put a price on them. But while that is true, the key to a successful, politically sustainable climate policy is to ensure that the benefits precede the costs.
Tipping Carbon
Going, Going, Gone?
Using financial logic to price carbon emissions
Calculations of expected climate damages vary widely, but a new model treats carbon dioxide as a risky asset with a negative payoff. Authors Adam Bauer and Gernot Wagner explain how it works.
Don’t Slam the Door on Inexpensive Chinese Electric Vehicles
by Gernot Wagner & Conor Walsh
Carbon Dioxide as a Risky Asset
by Adam Michael Bauer, Cristian Proistosescu, and Gernot Wagner
Averting Climate Catastrophe Requires Economic Growth
Improving energy efficiency is not enough for advocates of degrowth, who espouse energy sufficiency as the best way to fight climate change. But their argument is absurd: using limited inputs more efficiently is the definition of economic productivity – which, in turn, boosts growth.
The Right Response to China’s Electric-Vehicle Subsidies
by Gernot Wagner & Shang-Jin Wei