Im Dezember 2011 startete eine Kampagne des Bundeswirtschaftsministeriums unter dem Motto »Kraftwerke? Ja bitte!«. Um im Zuge der Energiewende und des Atomausstiegs weiterhin Versorgungssicherheit und bezahlbaren Strom zu gewährleisten, seien neue Kohle- und Gaskraftwerke unabdinglich. In...

This paper provides a formal survey of price and quantity instruments for mitigating global warming. We explicitly consider policies' impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the informational and commitment requirements of the...

It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...

Im Dezember 2011 startete eine Kampagne des Bundeswirtschaftsministeriums unter dem Motto »Kraftwerke? Ja bitte!«. Um im Zuge der Energiewende und des Atomausstiegs weiterhin Versorgungssicherheit und bezahlbaren Strom zu gewährleisten, seien neue Kohle- und Gaskraftwerke unabdinglich. In...

Lange Zeit favorisierte das Bundesministerium für Wirtschaft und Energie eine zusätzliche Klimaabgabe für alte Kohlekraftwerke zur Erreichung der deutschen Klimaziele. Mit dem Kompromiss vom 1. Juli scheint dieser Vorschlag jetzt vom Tisch zu sein. Sind die Alternativvorschläge zur...

This thesis was written by Christian Beermann while he was a research assistant at the Center for Economic Studies (CES) at the University of Munich. It was completed in December 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in May 2015. The...

This thesis was written by Christian Beermann while he was a research assistant at the Center for Economic Studies (CES) at the University of Munich. It was completed in December 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in May 2015. The...

It is frequently observed that the implementation of green policies is delayed compared to the initial announcement. Considering a setting with a representative monopolist extracting a non-renewable resource, we demonstrate that announcing a green policy, but then delaying its implementation, is...

This paper provides a formal survey of price and quantity instruments for mitigating global warming. We explicitly consider policies' impact on the incentives of resource owners who maximize their profits intertemporally. We focus on the informational and commitment requirements of the...

Developing countries rich in fossil-fuels face a unique challenge posed by climate change. They seek to extract fossil fuels at a time when the global community must reduce carbon emissions. Effective global climate policies and low carbon technologies will likely reduce the demand for fossil...