Scenarios climate study - Bavarian Business Council for the Future
An interdisciplinary Prognos team, supported by EconSight, GWS and TwinEconomics, investigated the subject of climate change and climate protection for the Bavarian Business Council for the Future. GWS used the GINFORS-E model to quantify 4 scenarios that illustrate the macroeconomic and sectoral effects of different climate mitigation ambitions. The transformation can take place without negative consequences for the German economy. Positive economic effects are expected, above all, if climate protection is implemented in a globally uniform approach (moreover, the costs of climate change are lowest then).
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Our figure of the month 08/2022: A development against the trend: growth in the number of apprentices for the occupation of plant mechanic for sanitary, heating, and air-conditioning technology in the last decade
Both the German government's heat pump offensive and the sharp rise in energy prices due to Russia's war against Ukraine are currently boosting demand for heat pumps and solar thermal systems…
Our figure of the month 05/2022: Strong increase in timber prices due to rising global demand, supply bottlenecks and trade embargoes
Forestry and sawmills benefit
After both raw wood prices and industrial producer prices for wood in Germany stagnated for years or declined from mid-2018 to the end of 2020, they have since…