This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as reductions in net carbon emissions; technological...

Die Abholzung der weltweiten Wälder ist nach der Verbrennung fossiler Brennstoffe die zweitgrößte anthropogene CO2-Quelle. Maßnahmen der UN, die unter dem Namen »REDD« zusammengefasst werden, sollen der Abholzung entgegenwirken. Der Beitrag beschreibt die Funktionsweise von REDD und gibt...

Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...

Tradable Permits – a Market-Based Allocation System for the Environment. Tradable Permits and Other Environmental Policy Instruments – Killing one Bird with two Stones. Tradable Permits – Ten Key Design Issues. Tradable Permits with Imperfect Monitoring. Emissions Trading with Greenhouse...