Dieser Beitrag untersucht die Folgen einer polit-ökonomischen Betrachtung des europäischen Emissionshandels (ETS) für die ökonomisch optimale klima- und energiepolitische Instrumentenwahl. Die aus dem wirtschaftswissenschaftlichen Raum prominent vorgetragene Forderung, die energiepolitische...

The German energy transition repeatedly faces harsh critiques questioning its economic and environmental merit. This article defends the Energiewende and argues that Germany has chosen a rational and particularly forceful approach to securing sustainable energy supply. Though current...

It is often argued that energy policy is too fragmented across EU Member States and should be Europeanized to pave the way towards an efficiently organized European power system, which rest on the internal market for energy and a pan-European super-grid. However, this view neglects i) the...

It is often argued that Germany's energy transition (the so-called Energiewende) needs to be Europeanized, so as to make the transition process more efficient. In particular, the German system of feed-in tariffs for renewables is criticized for being an obstacle to efficient European energy...

Germany has embarked on an ambitious project to transform its energy system until 2050 - the so-called Energiewende. Some critics contend that the Energiewende imposes unneces-sary and avoidable welfare losses due to a lack of integration within the EU. In contrast, these critiques largely miss...

In this paper, we analyze the rationale for an energy policy mix when the European Emissions Trading scheme (ETS) is considered from a public choice perspective. That is, we argue that the economic textbook model of the ETS implausibly assumes 1) efficient policy design and 2) climate protection...

The European Council has proposed to stick to a more ambitious GHG target but to scrap a binding RES target for the post-2020 period. This is in line with many existing assessments which demonstrate that additional RES policies impair the cost-effectiveness of addressing a single CO2...

When it comes to energy policy, EU countries go their own way with little regard for other member states. What strategies exist in the EU Commission to coordinate and integrate energy markets? Are these strategies consistent with national plans currently in action? Is it too late to establish a...

In this paper, we analyze the rationale for an energy policy mix when the European Emissions Trading Scheme (ETS) is considered from a public choice perspective. That is, we argue that the economic textbook model of the ETS implausibly assumes (1) efficient policy design and (2) climate...

In order to ensure the long-term efficiency and security of electricity supply, improving the market and system integration of renewable energy sources (RES) is of increasing importance. First, the question is how to integrate RES into the regular allocation and remuneration mechanism of the...