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Climate-damaging subsidies correspond to negative CO2 prices

Authors

Plötz,  Patrick
External Organizations;

Koch,  Nicolas
External Organizations;

Bach,  Stefan
External Organizations;

Haan,  Peter
External Organizations;

Kistinger,  Dorothea
External Organizations;

Illenseer,  Niklas
External Organizations;

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Citation

Plötz, P., Koch, N., Bach, S., Haan, P., Kistinger, D., Illenseer, N. (2024): Climate-damaging subsidies correspond to negative CO2 prices, (Ariadne-Dossier), Potsdam : Potsdam Institute for Climate Impact Research, 24 p.
https://doi.org/10.48485/pik.2024.008


Cite as: https://publications.pik-potsdam.de/pubman/item/item_29904
Abstract
There has long been a debate about climate-damaging subsidies in the German transport sector, and the financial restrictions resulting from the Federal Constitutional Court’s budget judgement at the end of 2023 have intensified the debate. This dossier is the first to convert the level of subsidies in the transport sector into negative CO2 prices to present a scientific categorisation of their significance for climate policy. The concept of implicit negative CO2 prices shows the extent to which subsidies implicitly reward citizens for emitting a tonne of CO2, rather than paying for the emissions.