Energy prices skyrocket in Europe – policymakers must now set the incentives right for the climate
On 16.03.2022 by Florian Manuel EgliThe Russian war on Ukraine has provoked skyrocketing gas prices. High gas prices can help the transition to a renewable energy system, but European decision makers must now consider policies to decrease the price volatility exposure of renewables to safeguard the transition. In an analysis recently published in Nature Energy, we show that such policies can strengthen the political support for long-term carbon prices.