This study seeks to investigate the causal effect of the EU Emissions Trading System (EU ETS) on firms' holdings of fixed assets as an early indicator of industrial relocation, exploiting installation level inclusion criteria of the regulation. To single out companies with particularly low...

This study seeks to investigate the causal e ect of the EU Emissions Trading System (EU ETS) on firms' holdings of xed assets as an early indicator of industrial relocation, exploiting installation level inclusion criteria of the regulation. To single out companies with particularly low...

This paper examines the impact of a carbon tax on innovation in clean technologies in the transport sector. Rapid advances in clean technologies are critical to reaching the ambitious sector climate targets. We contribute to the understanding of the link between carbon pricing and clean...

Rebound effects measure the behaviorally induced offset in the reduction of energy consumption following efficiency improvements. Using panel estimation methods and household travel diary data collected in Germany between 1997 and 2009, this study identifies the rebound effect in private...

This paper presents evidence that the accumulating cost of Germany's ambitious plan to transform its system of energy provision – the so-called Energiewende – is butting up against consumers' willingness-to-pay (WTP) for it. Following a descriptive presentation that traces the German...

This article investigates the pass-through of global Brent oil notations to fuel prices across the oligopoly of retail majors in Germany. We assemble a high-frequency panel data set that encompasses millions of price observations and allows us to distinguish effects by brand. Upon establishing a...

Reducing household electricity consumption is of central relevance to climate policy given the share of 12.2% of the residential sector in greenhouse gas emissions. Drawing on data originating from the German Residential Energy Survey (GRECS), this paper estimates the contribution of individual...

Empirical evidence on households' awareness of electricity prices and potentially divergent demand responses to price changes conditional on price knowledge is scant. Using panel data originating from Germany's Residential Energy Consumption Survey (GRECS), we fill this void by employing an...

A longstanding question in the study of energy demand concerns the role of information as a determinant of home efficiency improvements. Although the provision of information via energy audits is frequently asserted to be an effective means for governments to encourage the implementation of...

Drawing on household data collected in Germany between 1997 and 2012, this article investigates the heterogeneity in the direct rebound effect of individual mobility using discrete-continuous models, a common technique for addressing selectivity biases in data sets with endogenously partitioned...