While carbon taxes are generally seen as a rational policy response to climate change, knowledge about their performance from an ex-post perspective is still limited. This paper analyzes the emissions and cost…
Command and control regulation is a popular tool for mitigating greenhouse gas emissions from the building stock. We exploit the introduction of a state-specific mandate in Germany on renewable heating when…
This paper examines how optimal renewable energy (RE) suppo rt policies need to be adjusted to account for carbon prices. We show theoretically and empirically that changing carbon prices requires…
Comprehensive mitigation efforts (including all emission sources and sinks, all GHGs, and all economic sectors) are becoming ever-more important. While established methods of direct emissions avoidance must…