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Global carbon surcharge for the reduction of anthropogenic emission of carbon dioxide

Thess, André and Klein, Martin and Nienhaus, Kristina and Pregger, Thomas (2020) Global carbon surcharge for the reduction of anthropogenic emission of carbon dioxide. Energy, Sustainability and Society, 10 (9). Springer. doi: 10.1186/s13705-020-0242-z. ISSN 2192-0567.

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Official URL: https://energsustainsoc.biomedcentral.com/articles/10.1186/s13705-020-0242-z#citeas


In our thought experiment we formulate and discuss a novel approach, the Global Carbon Surcharge (GCS), that mimics a carbon tax but does not require tax collection by governments. We define GCS as a requirement or a voluntary commitment encompassing all companies extracting carbon-carrying raw materials, namely coal, oil, gas and limestone, with the aim to burden their extraction with costs proportional to their carbon intensity. GCS mandates all companies to store these materials immediately after mining for a given period of time in the vicinity of the production site. Thereby, GCS generates additional costs that propagate through all sectors of the global economy. We elucidate how the investment costs for the storage infrastructure translate into surcharges on the raw materials.

Item URL in elib:https://elib.dlr.de/135346/
Document Type:Article
Title:Global carbon surcharge for the reduction of anthropogenic emission of carbon dioxide
AuthorsInstitution or Email of AuthorsAuthor's ORCID iD
Thess, Andréandre.thess (at) dlr.deUNSPECIFIED
Klein, MartinM.Klein (at) dlr.dehttps://orcid.org/0000-0001-7283-4707
Nienhaus, KristinaKristina.Nienhaus (at) dlr.dehttps://orcid.org/0000-0003-4180-6767
Pregger, ThomasThomas.Pregger (at) dlr.dehttps://orcid.org/0000-0002-6728-7451
Journal or Publication Title:Energy, Sustainability and Society
Refereed publication:Yes
Open Access:Yes
Gold Open Access:Yes
In ISI Web of Science:Yes
DOI :10.1186/s13705-020-0242-z
Keywords:Global carbon surcharge, Climate policy, Decarbonization, Carbon pricing
HGF - Research field:Energy
HGF - Program:Technology, Innovation and Society
HGF - Program Themes:Renewable Energy and Material Resources for Sustainable Futures - Integrating at Different Scales
DLR - Research area:Energy
DLR - Program:E SY - Energy Systems Analysis
DLR - Research theme (Project):E - Systems Analysis and Technology Assessment (old)
Location: Stuttgart
Institutes and Institutions:Institute of Engineering Thermodynamics > Energy Systems Analysis
Deposited By: Pregger, Dr.-Ing. Thomas
Deposited On:08 Jul 2020 15:07
Last Modified:14 Jul 2020 16:00

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