Economic thought on climate policy as an instance of environmental regulation is strongly influenced by the principle of a uniform carbon price. Economists acknowledge that this principle breaks down in a second-best world with other distortions, such as taxes and market power in domestic and...

This dissertation was written by Johannes Pfeiffer while he was working with the ifo Institute for Economic Research. It was completed in November 2016 and accepted as a doctoral thesis by the department of economics of the University Regensburg in December 2016. The thesis studies unintended...

Nach den internationalen Vereinbarungen zur Reduktion von Treibhausgasen müssen die beteiligten Länder ihre Treibhausemissionen entsprechend den vereinbarten Zielsetzungen reduzieren. Der vorgesehene Handel mit Emissionsrechten verspricht in diesem Zusammenhang eine Flexibilität, so dass...