Uploaded March 2023 | Updated September 2026, 1 week ago
Most, if not all #IPCC scenarios that take us to a safe landing well below 2C, assume decades of #temperature #overshoot - a new PIK study looks at possible risks during these overshoot periods of crossing #tippingpoints. PIK scientist & lead author Nico Wunderling explains us the key findings of the study.
Music: Lexin Music / Pixabay
Most, if not all #IPCC scenarios that take us to a safe landing well below 2C, assume decades of #temperature #overshoot - a new PIK study looks at possible risks during these overshoot periods of crossing #tippingpoints. PIK scientist & lead author Nico Wunderling explains us the key findings of the study.
Music: Lexin Music / Pixabay

![Wealth inequality: closing the gap by taxing land and bequests
Max Franks, lead author from the Potsdam Institute for Climate Impact Research, on the study. To reduce wealth inequality without diminishing the economic performance of a country, a policy package of bequest taxes and land value taxes could be the optimal solution. It is the first analysis to include the so far neglected factor of land for tackling wealth inequality. Land is of great interest for studying inequality as climate change might increase land prices and thereby affect housing costs.
Article: Max Franks, David Klenert, Anselm Schultes, Kai Lessmann, Ottmar Edenhofer (2018): Is Capital Back? The Role of Land Ownership and Savings Behavior. International Tax and Public Finance [DOI:10.1007/s10797-018-9486-3]
Find more: https://www.pik-potsdam.de/news/press-releases/wealth-inequality-closing-the-gap-by-taxing-land-and-bequests?set_language=en Wealth inequality: closing the gap by taxing land and bequests](https://i.ytimg.com/vi/nni0b9wkRVY/mqdefault.jpg)








![What Counts for our Climate: Carbon Budgets Untangled
The more CO2 we emit from burning coal and oil and gas, the more we heat our climate – this sounds simple, and it is. Different analyses have come up with different estimates of how much CO2 humankind can still emit if we want to hold global warming to the internationally agreed 1.5 and well below 2 degrees Celsius limits, but a lack of clarity of the reasons causing these variations has created unnecessary confusion, a new study shows. It identifies the relevant factors that affect estimates of these remaining carbon budgets and thereby untangles the differences to make estimates more easily comparable, which will help decision-makers in using them. From a climate policy perspective, the bottom line remains the same. Even if the remaining carbon budget for limiting warming to 1.5°C would increase by a half, we would have only 10 years more time before emissions have to be brought down to net zero.
For more info see here:
https://www.pik-potsdam.de/news/press-releases/what-counts-for-our-climate-carbon-budgets-untangled
Article: Joeri Rogelj, Piers M. Forster, Elmar Kriegler, Christopher J. Smith, Roland Séférian (2019): Estimating and tracking the remaining carbon budget for stringent climate targets. Nature [DOI: 10.1038/s41586-019-1368-z]
Weblink to the article: https://doi.org/10.1038/s41586-019-1368-z What Counts for our Climate: Carbon Budgets Untangled](https://i.ytimg.com/vi/poHNsxbgHig/mqdefault.jpg)