The paper examines the Porter and induced-innovation hypotheses in a firm model where: (i) the firmhas a vintage capital technology with two complementary factors, energy and capital ; (ii) scrappingis endogenous; (iii) technological progress is energy-saving and endogenous through purposive...

We analyze the effect of collective action vs green/environmentally aware consumers onambient environmental quality and market equilibrium. We consider a model with twotypes of consumers who differ in their willingness-to-pay for a good available in twodifferent environmental qualities, and two...

In this paper, we address the incentives to invest in environmental innovation of enterprisesthat exercise market power in the output market and also buy and sell pollution permits.Differently from the existing literature, using a market approach we explicitly model theinteraction between the...

Over the past few years it has become increasingly clear that the physical consequences of climate change and the transition to a carbon-neutral economy are posing risks to companies and must be managed accordingly. At the same time, around half a million sites belonging to companies and other...

The report examines the role offset approaches can play in the post-2020 climate regime. For this purpose, the report first develops a conceptual approach and a normative vision of what should be viewed as successful offset use. It then proposes tools to operationalize this vision. Lastly it...

The debate on sustainability related corporate due diligence obligations in global value chains has recently gained considerable momentum, in particular at EU level. However, so far, it has been dominated by the focus on human rights due diligence. By contrast, relatively little attention has...

By 2050, the European Union aims to become climate neutral. The achievement of this goal will require, among others, a massive boost in energy efficiency. Companies and other organizations can make a significant contribution to climate protection through systematic and long-term energy...

In this paper we carry out a preliminary exploration of a time scales’ conjecture, whichpostulates that “reasonable” notions of sustainability must include a suitable synchronisationof time scales of both the processes of human development and those of the naturalenvironment. We perform...

Die Kältetechnik in Deutschland weist insgesamt einen Anteil am Elektroenergiebedarf von ca. 14% auf und ist für etwa 5% der nationalen Treibhausgasemissionen verantwortlich. Angesichts der nationalen Klimaschutzziele verdeutlichen diese Zahlen den Handlungsbedarf zur Erhöhung der...