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Ottmar Edenhofer

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German economist

Ottmar Edenhofer
Edenhofer in 2008
BornOttmar Georg Edenhofer
(1961-07-08) 8 July 1961 (age 63)
Gangkofen, Germany
Alma mater
Known for
Awards
Scientific career
FieldsEconomics
Institutions

Ottmar Georg Edenhofer (born 8 July 1961) is a German economist who is regarded as one of the world's leading experts on climate change policy, environmental and energy policy, and energy economics. His work has been heavily cited. Edenhofer currently holds the professorship of the Economics of Climate Change at Technische Universität Berlin. Together with Earth scientist Johan Rockström, economist Ottmar Edenhofer is scientific director of the Potsdam Institute for Climate Impact Research (PIK), representing the interdisciplinary and solutions-oriented approach of the institute. Furthermore, he is director of the Mercator Research Institute on Global Commons and Climate Change (MCC). From 2008 to 2015 he served as one of the co-chairs of the Intergovernmental Panel on Climate Change (IPCC) Working Group III "Mitigation of Climate Change".

Edenhofer is a member of the German National Academy of Sciences Leopoldina and of the German Academy of Science and Engineering (acatech). In 2020 Professor Edenhofer was honoured with the most prestigious environmental prize in Germany the Environment Prize (German Environment Foundation) for his groundbreaking work in the field of carbon pricing. Before, he was awarded the Romano-Guardini-Prize by the Katholische Akademie in Bayern.

Education

Edenhofer was born in Gangkofen, Lower Bavaria, Germany. He completed his diploma in economics with honors at the Ludwig Maximilian University of Munich. He belonged the Jesuit Order from 1987 to 1994 and following his novitiate earned a bachelor's degree in philosophy at the Munich School of Philosophy. During this time he also founded an enterprise in the public health sector and led a humanitarian aid organization in Croatia and Bosnia from 1991 to 1993. After leaving the Order, Edenhofer worked as a research assistant from 1994 to 2000 and completed his PhD in economics summa cum laude at Technische Universität Darmstadt in 1999 under the supervision of Prof. Dr. Carlo C. Jäger.

Career

In 2018, Edenhofer was appointed director of the Potsdam Institute for Climate Impact Research with Earth scientist Johan Rockström. Previously, Edenhofer was deputy director and chief economist at the Potsdam Institute for Climate Impact Research (PIK), where he headed Research Area III ("Sustainable Solutions Strategies").

Since June 2020 Edenhofer is project lead of the major Copernicus research activity Ariadne on the German energy transition. The project is investigating options how climate targets can be met with socially accepted policy instruments

From 2008 to 2015 he served as a co-chair of Working Group III "Mitigation of Climate Change" of the (IPCC). Under his leadership as co-chair, the IPCC published the Special Report on Renewable Energy Sources and Climate Change Mitigation (SRREN), and the Fifth Assessment Report on Climate Change in 2014. In 2012 he became director of the newly founded Mercator Research Institute on Global Commons and Climate Change (MCC).

From 2004 to 2008 Edenhofer was a lead author of the Fourth Assessment Report on Climate Change published by the Intergovernmental Panel on Climate Change (IPCC) in 2007. The IPCC was awarded the Nobel Peace Prize in the same year.

Since 2008, Edenhofer holds the professorship for the Economics of Climate Change at Technische Universität Berlin.

Other activities and advisory roles

Edenhofer has advised German Chancellor Angela Merkel, and Federal President Frank-Walter Steinmeier on carbon pricing. Edenhofer was asked to submit an expertise on carbon pricing options to the German Council of Economic Experts. In 2021, Edenhofer was appointed to the Vatican's Dicastry for Promoting Integral Human Development by Pope Francis.

Edenhofer is a member of the OECD Advisory Council “Growth, Investment and the Low-Carbon Transition”. At the invitation of Ségolène Royal and Feike Sijbesma, co-chairs of the Carbon Pricing Leadership Coalition (CPLC) High Level Assembly, he became a member of the High-Level Commission on Carbon Prices – co-chaired by Joseph Stiglitz and Nicholas Stern – in 2019/20. In June 2021, he was appointed to the World BankInternational Monetary Fund High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth, co-chaired by Mari Pangestu, Ceyla Pazarbasioglu, and Nicholas Stern.

In addition, Edenhofer holds the following unpaid or paid honorary positions:

Besides his teaching and research activities, Edenhofer actively contributes to public debates about political climate protection measures in Germany and the European Union.

Research interests

Edenhofer's research explores the impact of induced technological change on mitigation costs and mitigation strategies, the value capture and distribution of land rents, and the design of instruments for climate and energy policy. He specializes in the economics of atmospheric stabilization, social cost-benefit analysis, land value tax, sustainability theory, economic growth theory, environmental economics, welfare theory, and general intertemporal equilibrium theory.

Philosophy and position on climate change

Edenhofer says that his interest in philosophy and economics was influenced by his readings of the works of Henry George, Karl Marx, Max Weber, Ludwig Wittgenstein, and John Dewey. Regarding climate change he says: "Denying out and out that climate change is a problem for humanity, as some cynics do, is an unethical, unacceptable position."

Edenhofer is a proponent of carbon pricing. He points out that both cap-and-trade and a direct carbon tax can be implemented to reduce greenhouse emissions and encourage innovation to preserve the climate. He feels strongly that moving the global economy to a low-carbon threshold requires huge increases in the use of renewable energy across all economic sectors.

Edenhofer is a strongly anti-nuclear and has advised Angela Merkel on the German nuclear phase-out.

Edenhofer offered this in a speech he made November 2010"....one has to free oneself(from the illusion that international climate policy is environmental policy. Instead, climate change policy is about how we redistribute de facto the world's wealth..."

Publications

See also

References

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  16. Edenhofer, Ottmar; Flachland, Christian; Kalkuhl, Matthias; Knopf, Brigitte; Pahle, Michael (2019). Optionen für eine CO2-Preisreform: MCC-PIK-Expertise für den Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung (PDF). Berlin: Mercator Research Institute on Global Commons and Climate Change (MCC) gGmbH.
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  38. "Aus Verantwortung gegenüber kommenden Generationen: Landesregierung beruft Nachhaltigkeitsbeirat". Landesregierung Brandenburg (in German). Retrieved 12 July 2021.
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  40. Edenhofer, Ottmar (18 February 2013). "Hypergeorgism: When is Rent Taxation as a Remedy for Insufficient Capital Accumulation Socially Optimal?" (PDF). doi:10.2139/ssrn.2232659. S2CID 12300440. SSRN 2232659. {{cite journal}}: Cite journal requires |journal= (help) Edenhofer writes, "Extending and modifying the tenet of georgism, we propose that this insight be called hypergeorgism." "From a historical perspective, our result may be closer to Henry George’s original thinking than georgism or the neoclassical Henry George Theorems."
  41. Edenhofer, Ottmar (25 June 2013). "Financing Public Capital Through Land Rent Taxation: A Macroeconomic Henry George Theorem" (PDF). doi:10.2139/ssrn.2284745. S2CID 14024952. SSRN 2284745. {{cite journal}}: Cite journal requires |journal= (help)
  42. Edenhofer, Ottmar. "The Triple Dividend Climate Change Mitigation, Justice and Investing in Capabilities" (PDF). Retrieved 11 November 2013.
  43. ^ Schiermeier, Quirin (19 September 2013). "The Climate Chairman" (PDF). Nature. 501 (7467): 304–306. doi:10.1038/501303a. PMID 24048052. S2CID 4451211. Retrieved 30 June 2016.
  44. Edenhofer, Ottmar; Flachsland, Christian; Kalkuhl, Matthias; Knopf, Brigitte; Pahle, Michael (2019). "Options for a Carbon Pricing Reform Expertise by MCC and PIK for the German Council of Economic Experts" (PDF). Mercator Research Institute on Global Commons and Climate Change (MCC) (in German). Retrieved 13 July 2021.

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