Im Kern eines Instrumentenmixes für die deutsche Energie- und Klimapolitik sollte nach Ansicht von Andreas Löschel, Universität Münster, eine allgemeine CO2-Bepreisung stehen, die einen ökonomisch sinnvollen und langfristigen Rahmen für die umfangreiche Transformation setzt. Bei...

Die Preise für Energierohstoffe wie Gas und Rohöl sind in den vergangenen Monaten auf Rekordniveau gestiegen. Sollte Klimapolitik auf diese Energiepreisanstiege reagieren und kurzfristig CO2 -Preise anpassen, um Haushalte zu entlasten? In unserer Analyse adressieren wir diese Frage in einem...

A rapid coal phase-out is needed to meet the goals of the Paris Agreement, but is hindered by serious challenges ranging from vested interests to the risks of social disruption. To understand how to organize a global coal phase-out, it is crucial to go beyond cost-effective climate mitigation...

We consider how the demographic transition has been shaped in regions that are the least developed and the most vulnerable to climate change. Environmental conditions affect intra-household labor allocation because of the impacts on local resources under the poor infrastructural system. Climate...

This paper considers the persistent effects of climate change on the speed of demographic transi- tion, and hence on the size of the population in regions that are the least developed and the most vulnerable to climate change, such as Sub-Saharan Africa. These effects are transmitted through...

Carbon dioxide removal from the atmosphere is becoming an important option to achieve net zero climate targets. This paper develops a welfare and public economics perspective on optimal policies for carbon removal and storage in non-permanent sinks like forests, soil, oceans, wood products or...

This paper highlights the importance of carbon dioxide removal (CDR) technologies for climate policy. We first describe their role in iconic transformation pathways and discuss removal costs and storage duration of different technologies. Based on economic principles, we characterize optimal...

The year 2020 marks the centennial of the publication of Arthur Cecil Pigou's magnum opus The Economics of Welfare. Pigou's pricing principles have had an enduring influence on the academic debate, with a widespread consensus having emerged among economists that Pigouvian taxes or subsidies are...

We analyze how conventional emissions trading schemes (ETS) can be modified by introducing ”clean-up certificates” to allow for a phase of net-negative emissions. Clean-up certificates bundle the permission to emit CO2 with the obligation for its removal. We show that demand for such...