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Climate change ranks high on the policy agenda of the European Union (EU) which considers itself as a leading force in … the battle against anthropogenic climate change. The EU is committed to the objective of limiting the rise in global … climate system. This article provides a critical appraisal of two decades of EU climate policy. Based on the global nature of …
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Intensity standards have gained substantial momentum as a regulatory instrument in US climate policy. Based on numerical simulations with a large-scale computable general equilibrium model we show that intensity standards may rather increase than decrease counterproductive carbon leakage....
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amounts of "abundant" emission rights. Concerns on hot air motivated proposals for caps on emissions trading by the EU. These …
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Klimaschutz stellt aus Sicht der ökonomischen Theorie ein rein öffentliches Gut dar. Internationale Kooperation zum Zweck der Milderung oder Verhinderung der globalen Erwärmung ist daher mit den bekannten fatalen Anreizproblemen behaftet: Auf der Basis freiwilliger, dezentraler Entscheidungen...
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Despite recent achievements towards a global climate agreement, climate action to reduce greenhouse gas emissions remains quite heterogeneous across countries. Energy-intensive and trade-exposed (EITE) industries in industrialized countries are particularly concerned on stringent domestic...
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