This paper explores the incentives for energy efficiency induced by the European Union Emissions Trading Scheme (EU ETS) for installations in the energy and industry sectors. Our analysis of the National Allocation Plans for 27 EU Member States for phase 2 of the EU ETS (2008-2012) suggests that...

There is widespread concern that climate policy is moving too slowly and that decarbonization of economic development is coming too late for effective climate protection. We analyze three different effects that emerge endogenously during decarbonization and amplify current policies: growing...

Klimawandel, Klimaschutz und Klimapolitik müssen als Treiber eines Strukturwandels angesehen werden. Speziell der politisch durchgesetzte Klimaschutz in Form einer Verminderung von Treibhausgasemissionen hat Veränderungen der Wirtschaftsstruktur in Deutschland zur Folge. Diese Veränderungen...