New York is considering additional emission regulation on top of its obligations under the Regional Greenhouse Gas Initiative (RGGI) to achieve its State Energy Plan targets. The proposed measure is a so-called "carbon adder" on CO2 emissions from the power sector which is set as the difference...

Die Klimaschutzdiskussion wird von der Frage dominiert, welche gesamtwirtschaftlichen Kosten mit der Umgestaltung des Energiesystems zu klimaverträglichen Strukturen verbunden sind. Höhe und Verteilung dieser Kosten entscheiden darüber, ob sich umweltpolitische Strategien zum nachhaltigen...

Energy markets and energy-intensive industries in all EU member states especially in Germany are subject to a diverse set of policies related to climate change. We analyse the potential efficiency losses from simultaneous application of emission taxes and emissions trading in qualitative and...

Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...

Energy security ranks high on the policy agenda of many countries. To improve on energy security, governments undertake regulatory measures for promoting renewable energy, increasing energy efficiency, or curbing carbon dioxide emissions. The impacts of such measures on energy security are...

Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...

After the failure of the United Nations climate change conference at Copenhagen the EU is under domestic pressure to justify ambitious unilateral emissions reduction targets. Cost efficiency of EU-wide emission abatement becomes increasingly important in order to sustain EU leadership in climate...