As shown by R. Hahn (1984), free allocation to a firm with market power equal to the amount of permits the firm uses in a competitive equilibrium can prevent welfare losses under market power. In this paper an…
In this paper, the role of intermediaries, e.g. banks, under quantity based regulation with tradeable permits is examined. An example is the EU Emissions Trading Scheme (EU ETS). In the EU ETS, the total…
Despite the high CO2 emission intensity of fossil and especially coal fired energy production, these energy carriers will play an important role during the coming decades. In Germany, nuclear energy has to be…
Erwartungen für die Transportbranche verbessern sich wieder
In den kommenden sechs Monaten ist in Deutschland mit einem überwiegend moderaten Anstieg der Transportpreise im Güterverkehr zu rechnen. Gleichzeitig…
As the residential buildings sector accounts for around 30 percent of the final energy demand in Germany, this sector is increasingly becoming the focus of public attention with regard to climate change. In this…
Regional economies significantly diverge in their exposure as well as their capacity to adapt to climate change and variability. Between 1984 and 2004, if measured in percent GDP, costs of climate impacts were…
The objective of this study is the economic analysis of the Decarbonisation Roadmap 2050, recently published by the EU Commission. The Decarbonisation Roadmap is the latest strategy to make the decarbonisation…
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.…
