Reposted by Oliver SchenkerMalte Kreutzfeldt @mkreutzfeldt.bsky.social · 07/10/2026Das kann doch wohl nicht wahr sein. Im SZ-Interview verbreitet Wirtschaftsministerin Katherina Reiche schon wieder die Falschbehauptung, dass Wärmepumpen mit 12 Milliarden Euro im Jahr gefördert werden. Tatsächlich ist es weniger als die Hälfte. 641714658
Reposted by Oliver SchenkerMalte Kreutzfeldt @mkreutzfeldt.bsky.social · 07/10/2026Auch diese Aussage, die Katherina Reiche im SZ-Interview zu den Gasspeichern macht, ist gleich doppelt falsch. 29885330
Oliver Schenker @olischenker.bsky.social · 29/09/2026Haben die Novemberverträge eigentlich eine Kündigungsklausel? 000
Reposted by Oliver SchenkerMalte Kreutzfeldt @mkreutzfeldt.bsky.social · 29/09/2026Der Redispatch-Vorbehalt, über den derzeit im Rahmen des Netzpakets intensiv verhandelt wird, wurde nicht nur aus dem Eon-Konzern entwickelt. Das Unternehemen würde wirtschaftlich auch am stärksten davon profitieren. Details gibt's im aktuellen Climate.Table (€): table.media/climate/anal... 24705292
Reposted by Oliver SchenkerStars and Stripes @starsandstripes.bsky.social · 26/08/2026A civilian geography professor was fired from West Point for pushing back after department officials barred faculty from teaching that humans contribute to climate change.stripes.comWest Point professor fired after pushing back on limitations to teaching climate change, lawsuit saysAdam Kalkstein pushed back after department officials barred faculty from teaching that humans contribute to climate change, the lawsuit says. 48977423701
Reposted by Oliver SchenkerGlen Peters @glenpeters.bsky.social · 26/08/2026Direct Air Capture (DAC) is often argued as a small footprint form of Carbon Dioxide Removal (CDR) & this is seen as an advantage. For Nuremberg (Germany) to take up its current per capita emissions using DAC, would require city walls 68m high, nearly as high as the church towers (75m). 1/ 74819
Reposted by Oliver SchenkerMayor of London, Sadiq Khan @london.gov.uk · 19/08/2026This stopped me in my tracks. An independent study by @qmul.bsky.social has found that after ULEZ was introduced, children’s lungs grew faster in Central London and have now caught up with children outside of the capital. Incredible. 1563368974
Oliver Schenker @olischenker.bsky.social · 18/08/2026Unfortunately, this piece isn't exactly a beacon of substance either. Mostly handwaving about others doing handwaving. @economist.com, you can do better. 000
Reposted by Oliver SchenkerNico Lange @nicolange.bsky.social · 16/08/2026Die Kosten des Bahnhofs Stuttgart 21 liegen mit 14,5 Mrd. Euro höher als der Aufbau der geopolitisch transformativen Satellitenkonstellation Starlink mit etwa 12 Mrd. Dollar. Stuttgart 21 hat 23 Jahre Bauzeit, der Aufbau von Starlink dauerte 6 Jahre. Keine Pointe. 711098312
Reposted by Oliver Schenker👻👹 boo-rit 👹👻 @britculpsapp.bsky.social · 31/07/2026christ if that’s not a metaphor for our times 17108543744
Reposted by Oliver SchenkerPIK_climate @pik-potsdam.bsky.social · 31/07/2026"Die Zunahme der Waldbrandflächen bei extremen Trockenheit haben wir in Klimaszenarien mit starker Erwärmung eher Mitte des Jahrhunderts erwartet", so PIKs Kirsten Thonicke im ARD Weltspiegel. Was wir jetzt erleben, könne in 20-30 Jahren durchschnittlich sein. www.ardmediathek.de/video/Y3JpZD...ardmediathek.deWeltspiegel - Waldbrände in Europa · Die Lage in Frankreich und Spanien | Weltspiegel extra - hier anschauenDie Brände dieses Sommers zeigen, dass sich Europas Feuerwehren auf eine neue Dimension von Waldbränden einstellen müssen. 22517
Reposted by Oliver SchenkerZeke Hausfather @zekehausfather.com · 28/07/2026Fires in France have now burned over 91,000 acres, by far the most of any year since the satellite record started in 2006. Current area burned is about 34x larger than this date in a typical (median) year: 13446221
Reposted by Oliver SchenkerAdam Schwarz @adamjschwarz.bsky.social · 24/07/2026When the story of why humanity didn't stop climate change is written, it will feature front pages like this. Even as the skies blacken with climate change-induced wildfires, right wing media continue their relentless crusade against measures to tackle it. 23247452016
Reposted by Oliver SchenkerChristian Odendahl @codendahl.bsky.social · 24/07/2026The winning design. 🇪🇺💶 311603506
Reposted by Oliver SchenkerCarbon Brief @carbonbrief.org · 23/07/2026Also in this issue... Chinese province, Hainan, will ban sales of new fossil-fuel cars from 2030, making it the first province to do so. Carbon Brief examines how Hainan made the ban possible and whether more provinces will follow. Read more here ⬇️ buff.ly/iUoZRuy 1127
Oliver Schenker @olischenker.bsky.social · 20/07/2026💡 Bottom line: a proposal that keeps the machine intact, softens its bite, and moves money — from treasuries to industry, and from unconditional transfers to tied ones. 100
Oliver Schenker @olischenker.bsky.social · 20/07/2026🗳️ 6. Remember: this is a political market. Nobody needs an EUA except because regulation says so — every EUA is ultimately a bet on future political resolve to keep carbon scarce. Today's proposed easing of the cap path is a reminder of what happens when scarcity meets political feasibility. 100
Oliver Schenker @olischenker.bsky.social · 20/07/2026Because allowances can be banked, that cushion works on prices and volatility already today — and everything depends on the fine print of certification and permanence. 100
Oliver Schenker @olischenker.bsky.social · 20/07/2026🛟 5. Removals and international credits cushion the endgame. Permanent carbon removals (250 Mt) and high-integrity international credits (up to 2% from 2036) create breathing space for the years when the last tonnes get expensive. 100
Oliver Schenker @olischenker.bsky.social · 20/07/2026EU allocation departs from all 3: allowances now come with investment conditions; they follow production partially; and a large share goes to industries dominated by a few large firms. There, free allocation may do a 2nd job: it keeps plants running and prices in check (Fowlie, Reguant & Ryan 2016). 110
Oliver Schenker @olischenker.bsky.social · 20/07/2026📚 4. Textbook theory says the allocation method shouldn't matter. Whether permits are auctioned or given away for free, the market outcome is the same (Montgomery 1972; Hahn & Stavins 2011) — but this assumes handouts that are unconditional, unrelated to production, and given in competitive markets 100
Oliver Schenker @olischenker.bsky.social · 20/07/2026🌱 3. Free allocation now comes with strings attached. Firms must reinvest the value of their free allowances in decarbonisation — which does not prevent windfall profits, it recycles them. Whether that mandated investment would have happened anyway is promising material for future research. 100
Oliver Schenker @olischenker.bsky.social · 20/07/2026💶 2. Finance ministers are the quiet losers. More free allocation means fewer auctioned allowances, 400 million allowances flow into the new Investment Booster instead of national budgets, and half of the remaining revenues are now earmarked for industrial decarbonisation. 100
Oliver Schenker @olischenker.bsky.social · 20/07/2026⚖️ 1. The system's integrity survives. The cap still binds. But integrity is not the same as ambition: the slower cap decline gives industry more emissions room, and the −90% target for 2040 holds only because certified carbon removals and a small share of foreign credits are counted against it. 100
Oliver Schenker @olischenker.bsky.social · 20/07/2026Six sober observations on Friday's EU ETS reform proposal The carbon market's verdict? A shrug; prices barely moved. After two months of leaks, there was little left to announce. Still, there is more in this package than the muted reaction suggests. Six observations: 100
Reposted by Oliver SchenkerMatthias Deutsch @matthiasdeutsch.bsky.social · 09/07/2026🇩🇪 5100 deaths due to heat wave in June The heat wave in June led to an estimated 5100 deaths in Germany, according to the Robert Koch Institute. This is based on the latest RKI weekly report on heat-related mortality. [via Google translate] www-deutschlandfunk-de.translate.goog/5-100-todesf...www-deutschlandfunk-de.translate.googRKI-Bericht - 5.100 Todesfälle durch Hitzewelle im JuniDie Hitzewelle im Juni hat nach Schätzungen des Robert Koch-Instituts zu etwa 5.100 Todesfällen in Deutschland geführt. Das geht aus dem aktuellen RKI-Wochenbericht zur hitzebedingten Mortalität hervo... 21218
Reposted by Oliver SchenkerAEA Journals @aeajournals.bsky.social · 07/07/2026Forthcoming in AEJ: Economic Policy: "Climate Policies and Electricity Prices: Why Abate When You Can Generate?" by Kathrine von Graevenitz and Elisa Rottner. aeaweb.orgClimate Policies and Electricity Prices: Why Abate When You Can Generate?(Forthcoming Article) - Climate policies often increase electricity prices by more than they increase prices of fossil fuels. Using administrative data on German manufacturing plants from 2009 to 2017, we provide evidence that these price changes induce plants to generate electricity onsite using fossil fuels. Not all manufacturing plants are subject to emissions pricing under the EU’s Emissions Trading System, and we find evidence of emissions leakage: Electricity generation shifts from regulated power plants to unregulated manufacturing plants. 041
Reposted by Oliver SchenkerRahel Freiburghaus @rfrbrghs.bsky.social · 04/07/2026There are many images today of the far right mobilizing and marching, from Erfurt to DC. But today also marks the start of the Tour de France! Being a municipality located on the Tour de France route *reduces* the far-right vote share 🚴🏿🚴🏿🚴🏿 #tdf2026 #ef0407 1194
Reposted by Oliver SchenkerOliver Schenker @olischenker.bsky.social · 02/07/2026📢 Our paper "Regulated Correlations: Climate Policy & Investment Risks", joint work w. Menglu Neupert-Zhuang, was published in Energy Economics! Investing means making decisions under uncertainty. Risk-averse investors care not only about expected returns, but also covariance with other risks. 1/6 131
Oliver Schenker @olischenker.bsky.social · 02/07/2026💡 Our results suggest that the equivalence of carbon taxes and emissions trading schemes breaks down once investor risk aversion is considered. Climate policy affects not only expected profitability but also the allocation of risk, and that changes investment decisions. 6/6 000
Oliver Schenker @olischenker.bsky.social · 02/07/2026🌱 When future climate policy is uncertain—for example because a carbon tax may be repealed—risk-averse investors diversify more into renewables. Policy credibility therefore affects investment decisions even without changing the expected level of climate policy. 5/6 100
Oliver Schenker @olischenker.bsky.social · 02/07/2026📉 Because an ETS dampens fossil profit risk, it becomes relatively more attractive to risk-averse investors than a carbon tax—so even when the two instruments are calibrated to deliver the same abatement under risk neutrality, the ETS delivers about 13% less once investors are risk-averse. 4/6 100
Oliver Schenker @olischenker.bsky.social · 02/07/2026💰 A carbon tax is fixed and does not insulate fossil generators from demand fluctuations. Under an emissions trading system, permit prices tend to increase when demand and profits are high, partially offsetting these fluctuations. As a result, fossil investments become less risky under an ETS. 3/6 100
Oliver Schenker @olischenker.bsky.social · 02/07/2026Link to the paper: doi.org/10.1016/j.en... 🔍 We ask whether different climate policy instruments create different investment risks. The answer is yes—even if the policies are calibrated to achieve the same expected emissions reductions. 2/6doi.orgRedirecting 100
Oliver Schenker @olischenker.bsky.social · 02/07/2026📢 Our paper "Regulated Correlations: Climate Policy & Investment Risks", joint work w. Menglu Neupert-Zhuang, was published in Energy Economics! Investing means making decisions under uncertainty. Risk-averse investors care not only about expected returns, but also covariance with other risks. 1/6 131
Reposted by Oliver SchenkerHenry Mance @henrymance.ft.com · 26/06/2026All the people who are saying it's too expensive to tackle climate change today are the same people who twenty years ago said that climate change wasn't really happening 551192306
Reposted by Oliver SchenkerAbbey @abbeyarletto.bsky.social · 23/06/2026When reality surpasses fiction! Top: fictional forecast for August 2050, broadcast by French TV in 2014 to warn about the consequences of global warming. Bottom: Real French forecast for yesterday, June 22, 2026. 236168227550
Reposted by Oliver SchenkerJuan Moreno-Cruz @jmorenocruz.bsky.social · 23/06/2026Jevan Cherniwchan and I have a new working paper—one we’ve been working on for a long time—on how energy transitions shaped societies in the past, and what they may teach us about the present and future. www.ifo.de/DocDL/cesifo...ifo.de 21411
Reposted by Oliver SchenkerAgroscope @agroscope.bsky.social · 17/06/2026Sparmassnahmen: #Agroscope fokussiert sein Forschungsportfolio aufgrund verschiedener von Parlament und Bundesrat beschlossener Sparmassnahmen. Dies führt zu einem Abbau von 58 Vollzeitstellen. 🔗 agroscope.admin.ch/de/sparmassn... 122
Reposted by Oliver SchenkerNick Huntington-Klein @nickchk.com · 20/06/2026i think there are a lot of people who would find it very hard to believe that the field of economics could produce this paper. and yet! Acemoglu is like the mainstreamest and most successful economist working today. some priors could use an update. www.nber.org/papers/w35336nber.orgAutomation and RepressionFounded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an... 89028
Reposted by Oliver SchenkerNils C. Kumkar @nilskumkar.bsky.social · 13/06/2026Ich finde wirklich, dass sich darüber bei weitem nicht genug aufgeregt wird. Nicht weil es außergewöhnlich, nein, weil es exemplarisch furchtbar ist. 113041
Reposted by Oliver SchenkerEndre Borbáth @eborbath.bsky.social · 12/06/2026One week left to apply to the two doctoral researcher positions below! ⏳ Please share with anyone who might be interested! 066
Reposted by Oliver SchenkerNils C. Kumkar @nilskumkar.bsky.social · 06/06/2026Das ist natürlich verkürzt, plakativ, aber: als Kontrast schon der Wahnsinn. 27812
Reposted by Oliver SchenkerZEW Mannheim @zew.de · 05/06/2026Klimazölle sollen Emissionen senken und Industrie schützen. Eine #ZEW Studie zeigt: Beim CO₂-Grenzausgleich entscheidet das Design über Klimawirkung, Carbon Leakage und Wohlstandskosten. Mehr dazu in der Meldung 👇 www.zew.de/PM10484 022
Reposted by Oliver SchenkerZEW Mannheim @zew.de · 20/05/2026Toller Start in den zweiten Tag unserer Mannheim Conference on Energy & the Environment am #ZEW! 💡🌱 Stephie Fried (Federal Reserve Bank of SF) zu „Homework in Climate Economics: Household Tasks, Carbon Emissions, and Climate Policy“ 📊🌍 zew.de/mcee2026/?twt=1 021
Reposted by Oliver SchenkerZEW Mannheim @zew.de · 19/05/2026💡🌱Spannende Erkenntnisse auf der Mannheim Conference on Energy & the Environment am #ZEW! Zweite Keynote des Tages von Simon Dietz @granthamlse.bsky.social zu einer optimalen Klimapolitik, die den Übergang zu CO₂-arme Wirtschaft konsequent berücksichtigt. zew.de/mcee2026/?tw... 021
Oliver Schenker @olischenker.bsky.social · 12/05/2026Polls in Germany clearly provide tons of evidence that this is a very successful strategy… to do what exactly? Virtue signalling? 010
Reposted by Oliver SchenkerPer Engzell @pengzell.bsky.social · 08/05/2026What can we learn from automating an entire quantitative social science paper, from prompt to finished product? Thread about ongoing work with @natewilmers.bsky.social 1/12 Paper: osf.io/preprints/so... 25276106