In a parsimonious two-sector general equilibrium model, we challenge the widely-held tenet that within a cap-and-trade system renewable energy policies have no effect on carbon emissions. If the cap does not capture all sectors, we demonstrate that variations of a renewable energy subsidy change...

Am 20. September hat die Bundesregierung die Einführung eines nationalen CO2 -Preises beschlossen. Sie hat sich dabei für eine Preisregulierung entschieden, die ab dem Jahr 2026 weitgehend durch eine Mengenregulierung ersetzt wird. Der vorliegende Artikel schlägt vor, Preis- und Mengenziel...

Major carbon-pricing systems in Europe and North America involve multiple jurisdictions (countries or states). Individual jurisdictions often pursue additional initiatives—such as unilateral carbon price floors, legislation to phase out coal, aviation taxes or support programs for renewable...

Major carbon-pricing systems in Europe and North America involve multiple countries or states. Individual jurisdictions often pursue additional initiatives---such as unilateral carbon price floors, legislation to phase out coal, aviation taxes or support programs for renewable energy---that...