There is an increasing tension between the Iranian Government and the west on an increasingly likely European oil embargo and the Iranian threat to close the Strait of Hormuz. The main question is: What will…
We study how the shadow economy affects pollution and how this effect depends on corruption levels in public administration. Production in the shadow economy allows firms to avoid environmental regulation…
This paper focuses on the design of emissions trading schemes in practice. After a short introduction to the general idea of emissions trading, practical requirements for the introduction of an emissions trading…
There are different reasons, why countries trade. The most important one, economists typically refer to, is that trade is a source of wealth. There is, however, a further reason, which usually is not mentioned…
Many of today’s challenges require regulative interventions by policymakers. From an economic perspective, effectiveness, cost-efficiency and distribution issues are crucial for any form of future regulation.…
In a controversial political debate, new environmental technologies are often regarded as a job creator or – due to strict environmental policy – as a job killer. A detailed analysis for these employment effects…
This short edition of the CO2 Barometer updates price expectations for EU Emission Allowances (EUAs) and Certified Emission Reductions (CERs). This edition also focuses on an evaluation of the Clean Development…
