This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for 35 advanced and emerging countries. We use a new multi-country historical dataset...

Cofiring forest biomass residues with coal to generate electricity is often cited for its potential to offset fossil fuels and reduce greenhouse gas emissions, but the extent to which cofiring achieves these objectives is highly dependent on case specific variables. This paper uses facility and...

Fiscal instruments are potentially among the most effective, and cost-effective, options for addressing externalities related to poor air quality, urban road congestion, and greenhouse gases. This paper takes a case study, focused on Mauritius (a pioneer in the use of green taxes) to illustrate...

This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate benefits). On average, nationally efficient prices are substantial, $57.5 per ton of...

Die Energiewende wird eine der größten Herausforderungen an die deutsche Volkswirtschaft in den kommenden Jahrzehnten darstellen. Um die zwei Hauptziele der Energiewende zu realisieren – die CO2-Emissionen bis zum Jahr 2050 um 80% zu reduzieren und die verbleibenden Atomkraftwerke bis 2022...

In diesem Beitrag werden die Wirtschaftlichkeit und Bezahlbarkeit der Energieversorgung aus ökonomischer Sicht näher eingegrenzt und die deutschen Energie- bzw. Strompreise im internationalen Vergleich eingeordnet.