Publications of the Research Unit Environmental and Climate Economics

  1. ZEW Discussion Paper No. 21-064 // 2021

    The Economic and Climate Value of Flexibility in Green Energy Markets

    This paper examines how enhanced flexibility across space, time, and a regulatory dimension affects the economic costs and CO2 emissions of integrating large shares of intermittent renewable energy from wind and…

  2. Refereed Journal // 2021

    The climate and health benefits from intensive building energy efficiency improvements

    Intensive building energy efficiency improvements can reduce emissions from energy use, improving outdoor air quality and human health, but may also affect ventilation and indoor air quality. This study examines…

  3. Refereed Journal // 2021

    The political economy of negotiating international carbon markets

    International carbon markets are a cost efficient instrument for achieving a given CO emissions target. This paper identifies the conditions under which participating governments benefit from the…

  4. Refereed Journal // 2021

    The Economic and Climate Value of Flexibility in Green Energy Markets

    This paper examines how enhanced flexibility across space, time, and a regulatory dimension affects the economic costs and CO2 emissions of integrating large shares of intermittent renewable energy from…

  5. Refereed Journal // 2021

    Corporate emissions-trading behaviour during the first decade of the EU ETS

    This study analyses factors related to allowance-trading behaviour for the first ten years of the existence of the European Union Emissions Trading System (EU ETS). Our empirical analysis employs a dataset…

  6. ZEW Discussion Paper No. 21-060 // 2021

    Pricing Carbon in a Multi-Sector Economy With Social Discounting

    Economists tend to view a uniform emissions price as the most cost-effective approach to reducing greenhouse gas emissions. This paper offers a different view, focusing on economies where society values the…

  7. ZEW Discussion Paper No. 21-058 // 2021

    Racial Disparities in the Health Effects From Air Pollution: Evidence From Ports

    This study examines the uneven effects of air pollution from maritime ports on physical and mental health across racial groups. We exploit quasi-random variation in vessels in port from weather events far out in…

  8. ZEW Discussion Paper No. 21-056 // 2021

    Supporting Residential Energy Conservation Under Constrained Public Budget: Cost-Effectiveness and Redistribution Analysis of Public Financial Schemes in France

    In the context of tight public budgets and increasingly ambitious climate objectives, the performance of the support policies for residential energy conservation works needs to be assessed. We compare the…