Distributional effects

Read article Download PDF More on this topic

Policy Brief

The European Union energy transition: key priorities for the next five years

The new members of the European Parliament and European Commission who start their mandates in 2019 should put in place major policy elements to unleash the energy transition. It is becoming economically and technically feasible, with most of the necessary technologies now available and technology costs declining. The cost of the transition would be similar to that of maintaining the existing system, if appropriate policies and regulations are put in place.

By: Simone Tagliapietra, Georg Zachmann, Ottmar Edenhofer, Jean-Michel Glachant, Pedro Linares and Andreas Loeschel Topic: Energy & Climate Date: July 9, 2019
Read article More by this author

Opinion

The case for green realism

The transition to a carbon-neutral economy is bound to make us worse off before it makes us better off, and the most vulnerable segments of society will be hit especially hard. Unless we acknowledge and address this reality, support for greening the economy will remain shallow and eventually wane.

By: Jean Pisani-Ferry Topic: Energy & Climate, Global Economics & Governance Date: March 7, 2019
Read article More by this author

Podcast

Podcast

Deep Focus: Balancing distributional inequalities of climate policies

Bruegel fellow Georg Zachmann talks through a Bruegel Blueprint he has co-authored, looking into the potential distributional effects of climate policies, in another episode of the Deep Focus series.

By: The Sound of Economics Topic: Energy & Climate Date: December 7, 2018
Read article Download PDF More on this topic

Blueprint

The distributional effects of climate policies

The distributional consequences are likely to be a major driver of future climate policies. Policymakers will not accept forceful decarbonisation policies if they lead to visibly increasing inequality within their societies. The distributive effects of climate policies need to be addressed. This report provides a selective review of recent academic literature and experience on the distributional effects of climate policies.

By: Grégory Claeys, Gustav Fredriksson and Georg Zachmann Topic: Energy & Climate Date: November 14, 2018