This paper estimates the affordability of Chinese companies on energy cost increases due to the introduction of market-based climate policies. The data were collected from 170 respondents mainly from iron and steel, cement and chemical industries, using a multiple-bounded discrete choice (MBDC)...

Generation from renewable energy sources in Germany has experienced a considerable uptake in recent years. Mainly responsible for this development is the German Renewable Energy Sources Act (Erneuerbare Energien Gesetz, EEG). This paper considers redistributive implications of the EEG for...

In view of pressing unemployment problems, policy makers across all parties jump on the prospects of renewable energy promotion as a job creation engine which can boost economic well-being. Our analytical model shows that initial labor market rigidities in theory provide some scope for such a...

Economic thought on climate policy as an instance of environmental regulation is strongly influenced by the principle of a uniform carbon price. Economists acknowledge that this principle breaks down in a “second-best” world with other distortions, such as taxes and market power in domestic...

The electricity sector is responsible for roughly 40% of U.S. carbon dioxide (CO2) emissions, and a reduction in CO2 emissions from electricity generation is an important component of the U.S. strategy to reduce greenhouse gas emissions. Toward that goal, several proposals for a clean energy...