Vor dem kommenden UN-Klimagipfel in Kopenhagen blickt die Welt vor allem auf die USA. Sie sind neben China mit Abstand der größte Emittent von Treibhausgasen. Spürbare Fortschritte beim globalen Klimaschutz setzen einen erheblichen Beitrag der Amerikaner voraus. Spielraum für eine deutliche...

With the liberalisation of the European electricity market, new instruments are searched for in order to co-ordinate climate change initiatives with competition. This paper analyses the potential of a system of green electricity certificates to regulate the introduction of renewable energy...

This paper investigates the economic implications of a comprehensive approach to sustainable greenhouse policies that strives to stabilise the atmospheric concentration of the five major greenhouse gases at an ecologically determined threshold level. In a theoretical optimisation model...

The paper describes a relatively new approach to pollution reduction problem solving that relies on negotiation between polluters and authorities in which traditional economic tools of environmental policies are used and where there is the economic information asymmetry between the polluters and...

All advanced industrialized societies face the problem of air pollution produced by motor vehicles. In spite of striking improvements in internal combustion engine technology, air pollution in most urban areas is still measured at levels determined to be harmful to human health. Throughout the...

What factors shape environmental policies across Europe? In order to answer this question most economists would probably adopt a Public Choice approach. This approach has explained some aspects of environmental policies that exist in a similar fashion across Europe convincingly. But why do many...

Currently the European Union (EU) consists of a group of nation states that exhibit an array of constitutional systems, ranging from the unitary to the fully federal. Among the EU member states, the United Kingdom (UK) has traditionally been regarded as an example par excellence of a unitary...

This paper reviews the contemporary debate and the now long standing role of CBA in UK and European environmental policy appraisal and looks forward to possible future applications. The position taken is that despite its limitations CBA still has an important part to play in environmental policy...

Eine aktuelle Untersuchung der Entwicklung der erneuerbaren Energien in Deutschland unterstreicht ihre Bedeutung als wichtiger Wirtschaftsfaktor. Im Jahr 2009 wurden gut 20 Milliarden Euro in erneuerbare Energien investiert. Die Umsätze der in Deutschland ansässigen Hersteller belaufen sich...

Environmental finance, particularly energy efficiency and renewable energy (EERE) finance, can and should serve as an interface to other sub-sectors of financial sector promotion such as microfinance, housing finance or agricultural finance. For example, existing clients of financial...