decline, while consumers benefit from lower electricity costs and an increase in the consumer surplus. Using a rich data set … to 113 MtCO2 per year. The major emission effect took place in Germany (64 - 99 MtCO2). The average cost of emission … offset of 212 to 321e/t were almost entirely borne by German market participants. Neighboring countries do not bear costs …

In the debate on the premature phase-out of nuclear power generation in Germany, there is an intense dispute on the …-out regulations affect both the magnitude of total economic costs and the distribution of these costs across nuclear power plants and … competing companies. Based on a dynamic partial equilibrium analysis of power supply options, we quantify the excess costs of …

deutlich, dass die laufenden Kosten von aufgeschobenen Leibrentenversicherungen zum Teil deutlich unter den Kosten für … Ansparen in Investmentfonds mit gleicher durchschnittlicher Renditeerwartung vor Kosten, wie sie private Rentenversicherungen … bieten, und den hier unterstellten Kosten für aktienorientierte Investmentfonds aus Kostensicht nicht immer effizient ist. …

We examine electricity market reform in Brazil: from the 1990s till 2004 the largely hydro-powered market cleared using … crises. Post-reform, we find that the market is safe from crises for a wider range of stored water/rainfall combinations …