A small open economy operates a carbon emission trading scheme and subsidizes green energy. Taking cap-and-trade as given, we seek to explain the subsidy as the outcome of a trilateral tug of war between the "green" energy industry, the "black" energy industry and consumers. With parametric...

We examine strategic incentives to subsidize green energy in a group of countries that operates an international carbon emissions trading scheme. In our model, green subsidies of either sign on top of emissions cap regulation reduce the welfare of the group of countries, but this may not hold...

Ergänzend zu dem im ifo Schnelldienst 19/2001 diskutierten Thema "Klimaschutz - ist das Emissionshandelssystem ein effizientes Mittel zur Emissionsverringerung?" sind Prof. Dr. Uwe Schubert und Oliver Percl, Wirtschaftsuniversität Wien, der Ansicht, dass beim derzeitigen Wissensstand die...

This paper examines strategic incentives to subsidize green energy in a group of countries that operates an international carbon emissions trading scheme. Welfare-maximizing national governments have the option to discriminate against energy from fossil fuels by subsidizing green energy,...

The European Union fulfills its emissions reductions commitments by means of an emissions trading scheme covering some part of each member state's economy and by national emissions control in the rest of their economies. The member states also levy energy/emissions taxes overlapping with the...

Der Stern-Report, der vierte IPCC-Bericht der UNO und nicht zuletzt der extrem warme Winter 2006/07 haben die Klimaproblematik wieder in de Mittelpunkt des öffentlichen Interesses gerückt. Welchen Beitrag kann und sollte Deutschland zur Lösung des Weltklimaproblems leisten? Die Antwort von...