Given the scarcity of resources an economic approach is necessary in order to determine an optimal strategy of adaptation to climate change. In this paper we develop an economic framework for the study of…
The provision of public goods often relies on voluntary contributions and cooperation. Many economic experiments have studied the determinants of cooperative behavior as well as the implementation of…
Today, more than 70% of the world’s total electricity production is supplied by power plants using conventional fossil fuels. Coal accounts for more than half of the fossil fuel combustion in electricity plants.…
In the recent survey of the KfW/ZEW CO2 Indicator, Emission Trading Experts were asked about their preferences regarding the planned Europe-wide auctioning of Emission Allowances starting in 2013. A majority of…
This paper investigates whether climate negotiators have preferences for equity and whether these preferences may help to explain different positions in international climate policy. For this purpose we…
The European Emission Trading Scheme (EU-ETS) is the first large-scale and inter-regional trading scheme for greenhouse gas emissions. It is seen as the central instrument of European climate policy. After a…
