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Renewable energy sources are booming in Germany as much as anywhere else but the country鈥檚 simultaneous rise in coal use and carbon emissions nevertheless make it 鈥渁 dangerous role model鈥� for countries setting out to emulate the German energy transition, Jan Steckel and Felix Creutzig from the Mercator Research Institute on Global Commons and Climate Change (MCC) write in a guest article for Zeit Online. 鈥�Falling costs for renewables alone will not suffice to end coal-fired power production鈥� and therefore bring about the much needed reduction of CO₂ emissions, the authors say. This is because capital costs for renewable energy sources, such as risk insurances and interest rates, remain high and outweigh the low running costs for many investors, they argue. 鈥淎dditional political tools鈥�, such as a tax-based CO₂ floor price, a reformed emissions trading system and affordable loan and security schemes are needed to encourage investors, particularly in emerging economies, to put their money into renewables rather than investing in new coal plants, they say.

Read the article in German .

See the 麻豆无码版 dossier The energy transition and climate change for background.