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The Republic of Korea fully launched its green finance scheme in 2009 and then introduced the environmental information disclosure system and the emission trading scheme in 2013 and 2015, respectively. However, their use has not increased dramatically, as the public sector has taken the major...
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Der Wissenschaftliche Beirat der Stiftung Familienunternehmen warnt davor, die Konjunktur-, Finanzmarkt- und Wettbewerbspolitik mit umweltpolitischen Zielen zu überfrachten. "Der Schutz des Klimas ist die größte Aufgabe unserer Generation. Es ist aber nicht sinnvoll, alle Bereiche der...
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Given that the carbon price in the EU Emissions Trading System is only around 5€/tCO2 while consensus about a more … stringent EU climate policy is very unlikely in the near future, we explore the potential scope and optimal design of additional … national climate policies in the current EU policy framework. In particular, we suggest to implement a type of carbon price …
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substitutes within the EU Emissions Trading System (EU ETS) for CO2. Firms therefore had a strong incentive to use the cheaper …-related transaction costs, this study examines the use of international offset credits in the EU ETS. It establishes a model of firm … participation in the EU ETS in general, rather than additional participation in the offset trade. …
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