Countries with an active climate policy often use several other policy instruments in addition to a price on carbon emissions, such as subsidies to renewable energy. An obvious reason for subsidizing alternatives to carbon energy is that the price of carbon emissions is too low. The paper...

Energy security has been an important global policy issue for more than 4 decades. Transport biofuels like bioethnol have been receiving increased attention in recent years as a solution to heavy dependence on imported petroleum fuels, which brings destabilizing price effects on the economy and...

The overlapping impact of the Emission Trading System (ETS) and renewable energy (RE) deployment targets creates a classic case of interaction effects. Whereas the price interaction is widely recognized and has been thoroughly discussed, the effect of an overlapping instrument on the abatement...

Die wirtschaftlichen und politischen Herausforderungen im Energiebereich sind komplex. Die zunächst so erfolgreich gestartete Energiewende ist ins Stolpern geraten. Das europäische Zertifikatesystem, das Erneuerbare-Energien-Gesetz und die Energiewende müssen nun vor allem kosteneffizient neu...

In Thailand climate change has been integrated into the formulation of several national plans and policies. Even though Thailand is not obligated to reduce greenhouse gas emissions, it voluntarily takes numerous actions to mitigate emissions. Both the public and private sector have been actively...

Die deutsche Energiepolitik verfolgt zwei wesentliche Ziele, zum einen die Abkehr vom Atomstrom (Energiewende), zum anderen den Ausbau erneuerbarer Energien, um für das Klima gefährliche Treibhausgase einzusparen. Dabei kommen unterschiedliche Instrumente zum Einsatz, die sich teilweise...

It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...

Decarbonizing the global energy matrix through investments in renewable energy (RE) is considered a pathway to mitigate the effects of global climate change. Auctions have become an increasingly popular policy instrument for this purpose. In the last few years, auctions have been rapidly adopted...

The objective of this study was to examine the effects of the COVID-19 pandemic on the energy and electricity industry, with a particular focus on green energy sources such as wind and solar energy. The analysis provided a global perspective, based on a panel of 45 countries that represent more...

The study examines the contribution of low-carbon and fossil electricity sources to environmental degradation in the European Union countries, modelled by economic development and globalisation. We ensure the robustness of the results by exploring the concurrent and individual effects of the...