In the fight against global warming, the reduction of greenhouse gas emissions is a major objective. In particular, a decrease in electricity generation by coal could contribute to reducing CO2 emissions. Using a multi-region dynamic general equilibrium model, this paper studies potential...

The German economic and industrial development in the nineteenth and twentieth century was based (among other things) on coal. After World War II, the reconstruction of both German states, too, was largely organized around the coal and steel industry. Therefore, it is a particular challenge,...

The reduction of greenhouse gas (GHG) emissions, in particular CO2, is a major objective of the German energiewende. There has been broad consensus on this goal for many years now - in contrast to the continuing discussion over the proposed shutdown of Germany’s nuclear power plants. The...