Under the EU-wide Emission Trading Scheme (ETS), CO2 allowances have thus far been allocated largely free of charge. This paper presents a didactic synthesis on the impact of the ETS and argues that such a cost-free allocation will lead to an increase in electricity prices even when strong...

The increasing use of digital networking in complex industrial processes opens up new potential for more sustainability. This paper delivers the fi rst empirical fi ndings on the relevance of digitalisation for improving material effi ciency in German industry based on a unique dataset including...

The lasting economic impact of the coronavirus pandemic will become apparent in the development of the macroeconomic factors of production - labour, capital, human capital as well as the stock of technical knowledge. Changes in behaviour such as a greater acceptance of technology can strengthen...