The impact of environmental innovations on firm performance is ambiguous. On the one hand, regulatory-driven environmental innovation may impose additional costs to firms and lower their profits. On the other…
The political discussion on energy efficiency is focusing more and more on the building sector due to its susceptibility to potential market failures. In Germany, for example, about 30% of the total final energy…
This short edition of the CO2 Barometer updates price expectations for European Emissions Allowances (EUAs) and Certified Emissions Reductions (CERs). The publication also focuses on the market expectations…
Opponents of the voluntary labelling scheme for genetically modified (GM) food products often argue that consumers have the “right to know” and therefore advocate mandatory labelling. In this paper we argue…
We analyze the distributional and efficiency impacts of different allowance allocation schemesmotivated by recently proposed U.S. climate legislation for a national cap and trade system usinga new dynamic…
