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Cost-efficient pathways to decarbonizing Portland cement production
Glenk, Gunther; Kelnhofer, Anton; Meier, Rebecca; … - 2023
Accounting for nearly 8% of global annual carbon dioxide (CO2) emissions, the cement industry is considered difficult to decarbonize. While a sizeable number of abatement levers for Portland cement production are technologically ready for deployment, many are still viewed as prohibitively...
Persistent link: https://www.econbiz.de/10014311753
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What drives carbon emissions in German manufacturing : scale, technique or composition?
Rottner, Elisa; Graevenitz, Kathrine von - 2021
Carbon emissions from German manufacturing have increased over the past decade, while carbon intensity (emissions per Euro of gross output) has declined only slightly. We decompose changes in emissions between 2005 and 2017 into scale, composition (changes in the mix of goods produced) and...
Persistent link: https://www.econbiz.de/10012485520
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What drives carbon emissions in German manufacturing : scale, technique or composition?
Rottner, Elisa; Graevenitz, Kathrine von - 2022 - This version: August 26, 2022
Drastic emission reductions are necessary to combat climate change. However, despite several climate policies, carbon emissions from German manufacturing have actually increased between 2005 and 2017. In this paper, we provide evidence of how the policy mix overall has affected the German...
Persistent link: https://www.econbiz.de/10013382489
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Prices versus quantities with morally concerned consumers
Schmidt, Klaus M.; Herweg, Fabian - 2021
It is widely believed that an environmental tax (price regulation) and cap-and-trade (quantity regulation) are equally efficient in controlling pollution when there is no uncertainty. We show that this is not the case if some consumers (firms, local governments) are morally concerned about...
Persistent link: https://www.econbiz.de/10012500312
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Carbon pricing, border adjustment and climate clubs : an assessment with EMuSe
Ernst, Anne; Hinterlang, Natascha; Mahle, Alexander; … - 2022
In a dynamic, three-region environmental multi-sector general equilibrium model (called EMuSe), we find that carbon pricing generates a recession initially as production costs rise. Benefits from lower emissions damage materialize only in the medium to long run. A border adjustment mechanism...
Persistent link: https://www.econbiz.de/10013259654
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How resilient is public support for carbon pricing? : longitudinal evidence from Germany
Sommer, Stephan; Konc, Théo; Drews, Stefan - 2023
from three surveys conducted between 2019 and 2022, we study the variations of public support for carbon pricing in Germany …. The period includes two relevant events: the introduction and ramping up of carbon pricing in Germany and the exogenous …
Persistent link: https://www.econbiz.de/10014296924
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Is Germany becoming the European pollution haven?
Graevenitz, Kathrine von; Rottner, Elisa; Richter, … - 2023
differences between Germany and other EU countries which affect the shadow price of carbon emissions. We calibrate a Melitz … how regulatory stringency evolved in the EU and Germany in terms of an implicit carbon price paid on emissions. This price … – both in Germany and other EU countries. The trend is more pronounced in Germany than in the rest of the EU. In …
Persistent link: https://www.econbiz.de/10014472797
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A model united nations experiment on climate negotiations
Hofmann, Elisa; Kyriacou, Lucas; Schmidt, Klaus M. - 2021
Weitzman (2014) proposed that focusing international climate negotiations on a uniform carbon price is more effective than Paris style negotiations in achieving ambitious climate action. We put this hypothesis to an experimental test by simulating international negotiations on climate change in...
Persistent link: https://www.econbiz.de/10012500178
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The scenario-based equity price impact induced by greenhouse gas emissions
Weth, Mark A.; Baltzer, Markus; Bertram, Christoph; … - 2024
This paper proposes a forward-looking metric of transition risk that relates financial performance and incremental carbon costs at the firm level. To this end, we use a consistent dividend discount framework augmented with emission costs of firms and climate scenario projections from four...
Persistent link: https://www.econbiz.de/10015048429
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Uncertainty about carbon impact and the willingness to avoid CO2 emissions
Pace, Davide Domenico; Imai, Taisuke; Schwardmann, Peter; … - 2023
With a large representative survey (N=1,128), we document that consumers are very uncertain about the emissions associated with various actions, which may affect their willingness to reduce their carbon footprint. We experimentally test two channels for the behavioural impact of such...
Persistent link: https://www.econbiz.de/10014487134