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Across the globe climate policy is shifting away from a carbon price towards investment subsidies, such as grants … affect the risk-return-profile of a climate investment. To some extent these negative impacts can be compensated through … different forms of investment subsidies. Minimising the risk of inefficient public spending is, however, challenging and …
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Unilateral climate policy suffers from carbon leakage, i.e. the (partial) offset of the initial emission reduction by increases in other countries. Different than most typically discussed climate policies, degrowth not only aims at reducing the fossil fuel use in an economy, but rather at a...
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conditions could a market-based approach contribute to a decrease in emissions? How are abatement and investment strategies … questions in the context of so-called environmental finance theory, a new field of research that investigates the economic …
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