This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector as regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing...

This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing...

This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing...

Seit Angela Merkel mit der "Energiewende" den Turbo ein- und die Atomkraftwerke ausschaltete, herrscht in puncto Energieversorgung das blanke Chaos. Das Erneuerbare-Energien-Gesetz (EEG) soll erst abgeschafft werden, dann wieder doch nicht, Offshore-Windparks werden mit viel Wind gestartet, dann...