At the end of the first week, COP27 was all about decarbonization. Speaking with Bernhard Pötter, the two experts, Jan Steckel and Michael Jakob, explain how and when the inevitable coal phase-out will happen – and where it is currently being delayed.
By Bernhard Pötter
China's carbon emissions have been falling for the past year. Will it soon reach its peak? Currently, the pandemic and real estate woes are curbing economic growth, provinces lack money for economic stimulus programs, and carbon-intensive industries are announcing new climate plans. Only with a swift emissions peak will the Paris climate targets remain in reach.
By Nico Beckert
The Indian government has now officially recognized that carbon markets and emissions trading are to play an important role in decarbonization. A law to this effect is to be passed at the end of the year. Many details are still unclear, but trading could begin from mid-2023.
By Redaktion Table
The coal phase-out in South Africa is seen as a test case of how industrialized countries can help emerging economies with rapid and socially cushioned climate protection. A year ago, the Europeans and the USA promised the African state $8.5 billion for the Just Transition Energy Partnership. So far, costs and details have remained vague. Now South Africa has presented its price tag for the green transition.
By Bernhard Pötter
Three quarters of the EU's external trade volume and almost one third of its internal trade volume is shipped by sea. Maritime transport is indispensable for the EU. But it has a shortcoming: It emits CO2 almost unchecked. And so far there are hardly any solutions for making shipping greener in line with the Green Deal.
By Lukas Knigge
