International shipping is an important emitter of greenhouse gases. The International Maritime Organization (IMO) is discussing different approaches to reduce maritime CO2 emissions, in particular market-based mechanisms. In this paper, we assess potential implications of a maritime emission...

Energy efficiency improvements are generally seen as the royal road to sustainability and energy security. The underlying idea is simple: if the same amount of output can be produced with fewer inputs, this saves resources and alleviates environmental issues. But this logic fails to recognise...

Die Co2-Emissionsrechte im Europäischen Emissionshandelssystem werden, nachdem sie zunächst vorwiegend kostenlos verteilt wurden, ab 2013 zunehmend versteigert. Dies führt auch unter Berücksichtigung von Steuerausfällen durch sinkende Gewinne der Unternehmen zu Einnahmen, die sinnvoll...

The amount of materials used worldwide in production and consumption increased by 56% from 1995 to 2008. Using an index decomposition analysis based on the logarithmic mean Divisia index, we investigate the drivers of material use, both on a global and a country scale. We exploit a panel dataset...

This study analyzes energy intensity trends and drivers in 40 major economies using the WIOD database, a novel harmonized and consistent dataset of input–output table time series accompanied by environmental satellite data. We use logarithmic mean Divisia index decomposition to (1) attribute...

Expected Utility theory is not only applied to individual choices but also to social decisions, e.g. in cost–benefit analysis of climate change policy measures that affect future generations and hence incorporate an ethical dimension. In this context the crucial question arises whether EU...