Deutschland hat nach dem Beschluss der EU, die europäischen Klimaziele zu verschärfen, und dem Urteil des Bundesverfassungsgerichts zur partiellen Verfassungswidrigkeit des Klimaschutzgesetzes seine Klimaziele angehoben. Der Ausstoß von Treibhausgasen soll bis 2030 um mindestens 65%...

Neue Berechnungen des Bundesumweltministeriums zeigen, dass Deutschland wahrscheinlich die angestrebten Klimaziele für das Jahr 2020 deutlich verfehlen wird. Wie sollte die Klimapolitik neugestaltet werden, und welche Anreizsysteme sind für eine effektive und ökonomisch sinnvolle Klimapolitik...

In diesem Artikel werden die wirtschaftlichen Auswirkungen eines möglichen Stopps russischer Energieimporte auf die deutsche Wirtschaft diskutiert. Wir zeigen, dass die Auswirkungen wahrscheinlich substanziell, aber handhabbar sein werden. Kurzfristig würde ein Stopp der russischen...

In the last decades supply chains emerged that stretch across many countries. This has been explained with decreasing trade and communication costs. We extend the literature by analyzing if and how unilateral environmental regulation induces offshoring to unregulated jurisdictions. We first...

Current climate and energy policy has to operate under an ex-ante unforeseen economic crisis. An obvious consequence is the collapse of prices for carbon emission allowances as, for example, seen in the European Union. However, this price collapse may be amplified by the interaction of a carbon...

This paper has three messages mainly, which are observed in a simple model of climate change, international trade and regional adaptation. First, trade can be viewed as a kind of adaptation to climate change and variability, as trade can help to reduce direct impacts of global climate change on...

We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich, theoretically derived, fixed effects structure, we find significant negative short-run effects of high temperature on exports. A month with an average temperature above 30 °C...

This paper analyses the interplay between international trade, regional adaptation and North-to-South transfers for funding adaptation within the framework of a dynamic computable general equilibrium model, where impacts of climate change depend on changes in precipitation and temperature. If...

In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and empirical literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue within the framework of a vector autoregression (VAR)...