Germany's Energy Transition and Implications for Australia - Professor Andreas Loeschel
Professor Andreas Löschel holds the chair for Energy and Resource Economics at the University of Münster and is Director of the Centre of Applied Economic Research Münster (CAWM) since 2014. He has since 2011 chaired the Energy Expert Commission of the German Government to monitor the energy transformation.
The German energy transition or Energiewende aims to secure a “reliable, economically viable and environmentally sound energy supply”, with the goal of reducing carbon dioxide emissions by 80% in 2050 compared to 1990 and by 40% in 2020, while phasing out nuclear energy. This is to be achieved by increasing renewable energy to 60% of total energy supply by mid-century, and by drastically reducing total energy consumption.
Achieving these ambitious goals could have significant economic and social costs, and poses challenges for policy design and practical implementation. Many of these are of relevance to Australia’s efforts to reduce greenhouse gas emissions in Australia’s energy system, and especially the current policy debate over renewable energy.
Panel Discussion with:
- Assoc. Professor Frank Jotzo, Director, Centre for Climate Economics and Policy, ANU Crawford School
- Anna Skarbek, CEO, Climateworks
- Assoc. Professor Malte Meinshausen, Director, Australian German Climate and Energy College, University of Melbourne
Presented by ANU Crawford School, Centre for Climate Economics and Policy, University of Melbourne EU Centre on Shared Complex Challenges, Melbourne Energy Institute, Grattan Institute and Australian German Climate and Energy College
This event is now booked out. An audio recording will be uploaded following the event on the EU Centre website.