Start of Project 10/2018
End of Project 09/2021

One likely consequence of climate policy is the rapid devaluation of fossil resource assets and of parts of the energy infrastructure (stranded assets). The owners of these long-lived capital assets have incentives to delay or even prevent the implementation of climate policy. The FoReSee project investigates how the danger of asset stranding and the reaction of asset owners influence the effectiveness of climate policies. The project develops policy measures that reduce the inertia of the energy system and quantifies distributional effects of different climate policies.

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Interview with Prof. Dr. Franziska Holz on the project FoReSee

June 2021, German