06/2023 – Environmental and Climate Economics

With increasingly extreme weather, high energy prices, the shift towards renewable energy, and the ongoing debates over a new heating law, climate, energy, and the environment have gained significant relevance among the public. These issues are not only pertinent due to the current heatwave but also because they directly impact our lives. The challenge lies in devising climate and energy policies that are ecologically effective, economically efficient, socially balanced, and viable. ZEW Mannheim has been working to address such questions since its inception. Our researchers delve into the importance of human behaviour, market dynamics, and institutional frameworks for both the causes and solutions of environmental problems.
 
This edition of ZEW Monthly, with its focus on “Environmental and Climate Economics”, provides insight into current research questions, such as how to tackle climate change in a manner that is fair to future generations, the impacts of a medium-term industrial electricity price cap, and the extent to which subsidies can foster eco-friendly behaviour.