Questioning GDP as dominant indicator for economic performance has become commonplace. For economists economic policy always aims for a broader array of goals (like income, employment, price stability, trade balance) alongside income, with income being the priority objective. The Stiglitz-Sen-...

This milestone presents a pool of available indicators and indicator systems which go beyond the narrow concepts of national economic accounts as well as a structuring of the indicators and indices according to central areas of well-being. The milestone builds the basis for Task 202.2, where a...

The mitigation of (anthropogenic) climate change requires an extensive decarbonisation of production and consumption activities and thus a major transformation of societal processes and energy systems. In order to monitor and evaluate the transformation path en route to the long-term climate and...

WIFO continues, in the present paper, its report on key indicators of climate change and energy use in Austria with data for the year 2009. The indicators thus mirror the impact of the economic crisis 2008-09 on greenhouse gas emissions, and the use and consumption of energy. The...

The EU Emission Trading Scheme (EU ETS) that covers emitters from industry and the energy sector representing 40 percent of the EU's total greenhouse gas emissions is the biggest implementation worldwide of a cap-and-trade scheme. The EU ETS has been the core instrument of European climate...

The European Emission Trading Scheme (EU ETS) is a key instrument in European climate policy and covers emitters from the energy and manufacturing sector. The ETS pilot phase (2005-2007) was characterised by an oversupply of emission allowances mainly due to the "generous" allocation of...

The environmental effectiveness of an emission trading system depends on the one hand on the stringency of the cap and on the other hand on the scheme's ability to provide stable regulatory conditions and incentives for investment in emission saving technologies. However, in case of highly...

For the third time in a row, WIFO presents a series of key indicators designed to provide transparent and easily accessible information on issues of climate change, energy use and economic performance in Austria. In doing so, WIFO emphasises the need to decarbonise the energy system in order to...

The EU Emission Trading Scheme (EU ETS) is a key instrument in European climate policy. Evidence from the first trading period (2005-2007) and the first year of the Kyoto period 2008 dampened, however, ex-ante enthusiasm: because of substantial over-allocation of emissions allowances in the...

In 2012, greenhouse gas emissions in Austria amounted to 80.2 million tons CO2 equivalents (excluding emissions from land use, land-use change and forestry). Greenhouse gas emissions were 3.3 percent lower than in 2011 (CO2 emissions –3.7 percent). The decline was driven by a reduction in...