In the European Union (EU) and in Germany the transport sector is the only sector with increasing CO2 emissions (in the EU by about 32% and in Germany by about 1% since 1990). Especially in road freight and air transport a further strong increase is forecasted. In the transport sector this might...

Das Brennstoffemissionshandelsgesetz soll die Treibhausgasemissionen bepreisen, die vom EU-Emissionszertifikatehandel bislang nicht erfasst sind, insbesondere in den Sektoren Verkehr und Wärme. Wichtigster Punkt der geplanten Gesetzesänderung ist die deutliche Erhöhung der Emissionspreise in...

Germany intends to reach climate neutrality in 2045, tripling the speed of emission reductions that was achieved between 1990 and 2019. Soaring energy prices and the need to replace Russian energy imports have amplified the urgency to act. Various policy adjustments are needed to ensure...

Based on data from broadly representative surveys among more than 1,400 citizens in Germany and Sweden, this paper empirically examines the support of different groups of climate-related (passenger) transport policy measures targeting vehicle use, public transport, air travel, and bicycle use....

This paper reviews the recent experience of Germany in encouraging innovation to reduce negative environmental impacts of economic activity. The essence of the German approach to policy-induced environmental innovation is discussed in the context of changing policy objectives, and illustrated...

Obwohl der Emissionshandel theoretisch ein ideales umwelt- und klimapolitisches Instrument darstellt, stößt seine praktische Gestaltung und Umsetzung auf zahlreiche Schwierigkeiten. So waren bei der Einführung des europäischen Emissionshandelssystems und der Erstellung der Nationalen...

Voluntary environmental management programs for firms have become an increasingly popular instrument of environmental policy. However, the literature's conclusion on the effectiveness of suchprograms is ambiguous, and for the European region there is a lack of evidence based on a large control...

Germany has set national greenhouse emissions targets of a 65 percent reduction below 1990 levels by 2030 and net zero emissions by 2045, along with various sectoral emissions goals. To achieve these targets, the government has introduced multi-pronged policy measures, including a national...

Modeling the price risk of CO2 certificates is one important aspect of integral corporate risk management related to emissions trading. The paper presents a risk model which may be the basis for evaluating the risk of emission certificate prices. We assume that the certificate price is...

CO2 -Abgaben wie Steuern und Zertifikate als Instrumente der Klimapolitik üben einen starken Effekt auf die gesamtwirtschaftliche Preisentwicklung aus. Eine insbesondere preisstabilitätsgerechte Rückgabe der CO2 -Einnahmen soll dazu beitragen, überschießende Reaktionen von Lohnentwicklung,...