Nowadays, a process can be observed in Germany where electricity producing and trading firms react to the electricity … improvement of environmental conditions without governmental regulation in Germany. This is done by modelling different strategic …

use econometrically estimated, sectorally differentiated elasticities of substitution for Germany to shed some light on … emission limits for Germany. In particular, we consider the implementation of emission limits by means of a carbon tax …

Within this paper, we analyse the fulfilment of the Kyoto-emissions reduction com-mitment exemplary in Germany and its … implication on long-term paths of all macro-variables. Germany, like all other industrial or Annex B coun-tries, has to reduce its … adjusted discounting (GAD) in comparison to conventional OLG-models. We show that within our model-framework Germany is able to …