{"id":15086,"date":"2017-01-21T14:33:19","date_gmt":"2017-01-21T18:33:19","guid":{"rendered":"https:\/\/pierrejoris.com\/blog\/?p=15086"},"modified":"2017-01-21T14:33:19","modified_gmt":"2017-01-21T18:33:19","slug":"potsdam-institute-for-climate-on-trump","status":"publish","type":"post","link":"https:\/\/pierrejoris.com\/blog\/potsdam-institute-for-climate-on-trump\/","title":{"rendered":"Potsdam Institute for Climate on Trump"},"content":{"rendered":"<p class=\"p1\" style=\"text-align: justify;\"><span class=\"s1\"><i><a href=\"https:\/\/pierrejoris.com\/blog\/?attachment_id=15088\" rel=\"attachment wp-att-15088\"><img decoding=\"async\" class=\"wp-image-15088 aligncenter lazyload\" data-src=\"https:\/\/pierrejoris.com\/blog\/wp-content\/uploads\/2017\/01\/effect_debate.gif\" alt=\"\" width=\"567\" height=\"327\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 567px; --smush-placeholder-aspect-ratio: 567\/327;\" \/><\/a><\/i><\/span><\/p>\n<p class=\"p1\" style=\"text-align: justify;\"><span class=\"s1\"><i>On Friday 20 January, Donald Trump was\u00a0inaugurated as 45th President of the United States. <\/i><\/span><\/p>\n<p class=\"p1\" style=\"text-align: justify;\"><span class=\"s1\"><b>On this issue Ottmar Edenhofer, chief economist of the Potsdam Institute for Climate Impact Research (PIK) and director of the Mercator Research Institute on Global Commons and Climate Change (MCC), Professor at Technische Universit\u00e4t Berlin: <\/b><\/span><\/p>\n<p class=\"p1\" style=\"text-align: justify;\"><span class=\"s1\">\u201eAs the new president of the United States, Donald Trump could be quite successful in the short term, namely because debt-financed infrastructure programs have a rapid impact on the real economy. However, his populism as a business model will not prove viable in the long term. His reliance on scapegoats and his protectionism must be countered with international cooperation and the quest for fairness. Without a just globalization and without free trade, Germany will not be able to survive on the world stage, either politically or economically. Here, Germany could, following its upcoming federal elections in September 2017, send a strong signal by introducing a balanced socio-ecological tax reform. Essentially, Germany will have to fight for the preservation of the European Union and for multilateralism.\u201d <\/span><\/p>\n<p class=\"p1\" style=\"text-align: justify;\"><span class=\"s1\">\u201cThe incoming US president Trump will have substantial potential to cause trouble on climate policy. It remains to be seen whether the voluntary commitments of the Paris Agreement are actually stable. Trump could try to drive the export of coal. The economic policy of the new president could also lead to rising interest rates, which would compromise the competitiveness of renewable energies. This is because the profitability of climate-friendly technologies, in contrast to coal-fired power plants, is determined primarily by their investment costs, which are dependent on the interest rate. It will therefore be all the more important that realistic carbon prices be implemented in China as well as in Europe.\u201d<\/span><\/p>\n<p class=\"p1\" style=\"text-align: justify;\"><span class=\"s1\"><b>For further information please contact the PIK PR Office:<\/b><\/span><\/p>\n<p class=\"p1\" style=\"text-align: justify;\"><span class=\"s1\">Jonas Viering, Mareike Schodder and Sarah Messina<\/span><\/p>\n<p class=\"p1\" style=\"text-align: justify;\"><span class=\"s1\">Phone: +49 331 288 25 07<\/span><\/p>\n<p class=\"p3\" style=\"text-align: justify;\"><span class=\"s2\">E-Mail: <a href=\"mailto:press@pik-potsdam.de\"><span class=\"s3\">press@pik-potsdam.de<\/span><\/a> <\/span><\/p>\n<p class=\"p3\" style=\"text-align: justify;\"><span class=\"s4\"><a href=\"https:\/\/twitter.com\/PIK_climate\">Follow us on twitter<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday 20 January, Donald Trump was\u00a0inaugurated as 45th President of the United States. On this issue Ottmar Edenhofer, chief economist of the Potsdam Institute for Climate Impact Research (PIK) and director of the&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[1043,1892],"class_list":["post-15086","post","type-post","status-publish","format-standard","hentry","category-climate-change","tag-potsdam-institute-for-climate-impact-research-pik","tag-trump"],"_links":{"self":[{"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/posts\/15086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/comments?post=15086"}],"version-history":[{"count":2,"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/posts\/15086\/revisions"}],"predecessor-version":[{"id":15089,"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/posts\/15086\/revisions\/15089"}],"wp:attachment":[{"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/media?parent=15086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/categories?post=15086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pierrejoris.com\/blog\/wp-json\/wp\/v2\/tags?post=15086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}