We introduce endogenous directed technical change into integrated multi-region policy assessment based on macroeconomic theory and evidence. Technical progress can be directed towards labor or energy savings.…
The EU Emissions Trading System (EU ETS) is the most important European instrument for climate protection and in Germany covers about half of CO2 emissions. Since 2009 the KfW/ZEW CO2 Barometer has been…
As part of a cooperative project with KfW Bankengruppe, the Centre for European Economic Research (ZEW) is conducting a market survey among participants and experts of the EU Emissions Trading Scheme. The goal…
The ongoing economic criticism of the German Renewable Energy Act (EEG) recently started focusing on distributional effects, too. A team of authors at the Cologne Institute for Economic Research is worried about…
One of grand challenges which are faced by Russia today is to deregulate its gas market while favouring longer-term growth of economy. From the mid-2000s onwards, the key component of the reforms has become…
