Im Zuge der politisch und gesellschaftlich propagierten "Verkehrs- und Klimawende" wird der Stärkung des Schienenverkehrs in Deutschland eine zunehmend wichtigere Rolle beigemessen. Mit der Coronakrise ist die Klimadebatte zwar zwischenzeitlich etwas aus den Schlagzeilen verschwunden; es ist...

Carbon pricing is a central instrument of a market-based climate policy. However, the different international price levels vary greatly, thereby creating new distortions of competition. To compensate for this, state aid for transformation efforts becomes relevant. Industrial policy therefore has...

Das oberste klimapolitische Ziel der EU ist die vollständige Dekarbonisierung der Wirtschaft ihrer Mitgliedsstaaten bis 2050, d. h. die Klimaneutralität in allen Sektoren, die derzeit noch von fossilen Brennstoffen abhängig sind. Dies spiegelt sich in der politischen Agenda der EU-Kommission...

Implementing an effective climate policy is one of the main challenges for our future. Even though ambitious mitigation targets are necessarily costly, curbing GHG emissions can prevent future irreversible impacts of climate change on human kind and the environment. Climate policy is therefore...

Climate protection should use environmental policy instruments that raise revenues, which can be used, for instance, to cut labour taxes to alleviate unemployment in economies suffering from high and persistent unemployment. This paper elaborates the possibilities of an employment dividend of...

In this paper, we extend the Fehr and Schmidt model of inequality aversion to a situation where the players differ with respect to their benefits and costs from contributions to a non-linear public good. A necessary condition for contributing to the public good is that the players' benefit...

Methane is a greenhouse gas that gets far less public attention than carbon dioxide. This is entirely unwarranted. Being 25 times more potent than carbon dioxide in trapping heat in the atmosphere, methane accounts for about one-sixth of all anthropogenic (i.e. human-induced) greenhouse gas...

Der Pro-Kopf-Stromverbrauch in Indien, der heute noch zwölf Mal niedriger ist als in Deutschland, soll sich laut Prognosen der Internationalen Energie- Agentur bis 2030 verdreifachen. Die dringend erforderliche Elektrifizierung des Landes wird zum überwiegenden Teil mit Stromerzeugung aus...

Climate economics has been criticized for ignoring uncertainty, catastrophic changes, and tipping points (Stern 2016). The present paper addresses these issues. We consider multiple climate shocks which are recurring, random, uninsurable, and potentially large. The associated damages and the...

In the framework of the revision of the Swiss CO2-Law and in the preparation of the international negotiations that place at the Conference of the Parties to the United Nations Framework Convention on Climate Change, the Swiss Government has proposed a set of instruments and two levels of...