bet365 Play online games  The "Magazine of Environment and Resources Economist Association" recently published a research results- "Climate Financing Intermediary: Polysis effect in Climate Policy Model"。This research was jointly completed by Kai Lessmann, a senior researcher at the Institute of Climate Institute of Climate Institute of Climate, and Matthias Kalkuhl, a professor at the School of Economics and Social Sciences at the University of Potsdam.，Focus on how the difference in interest rate difference between bank deposits affects the guidance of the flow of capital for climate policy。The official website of the Institute of Potsdam's Climate Institute of Climate mentioned the research on the study，bet365 Play online games Bank absorb deposits and issue a loan as a source of funds，The greater the difference between the deposit interest rate and the loan interest rate，The higher the investment cost，Then it affects the fossil fuel steel factory、Power Generation System、Investment in the heating system; when the loan is too high，Facing the situation of slowing energy transformation，Effective capital market can play an active role in climate protection and energy transformation。

Researchers have developed a complex computing model，and provide experience data for the training model。Research Discovery，Interest rate is the core decisive factor for savings and investment decisions，The price difference manufactured between the expensive financial intermediary business between the deposit and loan interest rate will cause these price signal distortion。The impact of this climate protection is significant，Bet365 lotto review Compared with the friction -free economy with zero interest difference，At present, the global average deposit loan interest rate difference is 5.1 percentage points，This will cause global temperature to rise by 0.2 degrees Celsius。If the policy is guided by a given temperature target，The poor rate difference makes the carbon tax significant become necessary。The current interest rate difference means，Compared with a world without credit cost premium，Carbon prices need to be 27%higher。

Researchers think，Compared to the past，The adverse effects of high loan costs on climate protection are more obvious at the moment，This has become an important challenge for southern countries in the world。In some countries，Annual Capital cost accounting for the proportion of total investment reaching double digits is not uncommon。Although in the long run，Many of the profits of many solar or wind power Bet365 lotto review generation parks will be higher than natural gas or coal -fired power plants，But the initial cost required for the capacity of each megapifier is higher，The construction of the park is hindered。and the government often lacks cope -of -cosmetic funds，Therefore, relying on the help of richer countries。

Use the dynamic general equilibrium model，Researchers have determined that the difference in deposit and loan interest rate difference affects carbon emissions。According to Kakard Introduction，They "have determined 8 different channels that the credit cost premium eventually affects gas emissions"。Because the relative price of capital -intensive carbon -free energy is relatively high，Interest rate difference increases the cost reduction cost。but but，Because the overall economic growth is slower at this time，The difference in interest rates also has a certain positive impact on reducing emissions。

Bet365 lotto review The key information provided by the policy formulation of this research is，The government needs to pay close attention to whether the increase in loan interest rates is just a reflection of actual intermediary costs，Or the bank's competition is too small。If the market structure is indeed a reason for the poor interest rate of this deposit and loan，and cannot be adjusted at the mid -term level，Then policy makers can effectively reconcile this in the short term through subsidy investment。If the government decides to provide investment support for the overall economy，It may be more favorable than a single subsidy ecological project for climate protection and economic development。Lesman said，Structural changes of non -fossil fuel technology will occur naturally，Related companies usually have higher capital density，Therefore, it will benefit from the reduction of credit costs to a greater extent。

　　(Chen Yutong/Compilation)