In the immediate aftermath of the March 2011 TEPCO Fukushima Daiichi nuclear power plant accident, the German federal government decided to temporarily halt the operation of the country’s eight oldest energy-producing nuclear reactors. This was accompanied by a cabinet proposal to phase out...

To improve risk management in the European Union Emissions Trading Scheme (EU ETS), the European Climate Exchange (ECX) has introduced option instruments in October 2006 after regulatory authorization. The central question we address is: can we identify a potential destabilizing effect of the...

To improve risk management in the European Union Emissions Trading Scheme (EU ETS), the European Climate Exchange (ECX) has introduced option instruments in October 2006 after regulatory authorization. The central question we address is: can we identify a potential destabilizing effect of the...

The conservation or sustainable use of biological diversity presents special challenges for policy-makers because of its complex nature and the difficulties associated with identifying the underlying causes that lead to biodiversity loss. As such, it is often necessary that a range of incentive...

Les mécanismes du marché ne pourront résoudre qu'une part du défi climatique : la taxe carbone s'avère nécessaire pour impliquer tous les émetteurs, petits et grands. Comment voyez-vous le marché global du carbone évoluer dans les années à venir ? Il va certainement bien se...