The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warming. Yet its adoption has been limited because of concerns over its effects on economic growth, income distribution, and international competitiveness. The paper shows that policymakers can minimize...

The carbon tax is a major instrument for curbing greenhouse gas emissions that cause global warming. Yet its adoption has been limited because of concerns over its effects on economic growth, income distribution, and international competitiveness. The paper shows that policymakers can minimize...

This article analyses the external competence of the EU in the field of climate change. Whereas this is formally an area of shared competence, the close relation between climate change and competitiveness could be taken to treat it as a de facto exclusive competence. The enormous impact of...

Climate finance was incepted as a form of international development under the umbrella of the 1992 United Nations Framework Convention on Climate Change for the purposes of implementing emissions reductions and adaptation measures in developing countries. After more than twenty years from its...

A drastic decline in global greenhouse gas (GHG) emissions is needed to stop the climate change. This requires a variety of political and market mechanisms. Europe is globally at the forefront among the industrialised countries in reducing its GHG emissions. We analyse the development of...

Der als Wirtschaftsjournalist ausgezeichnete und für SPIEGEL ONLINE als Wissenschaftsredakteur tätige Autor legt hier ein hochaktuelles Buch zu den Chancen und Risiken der Region um den Nordpol vor. Die rechtlich-politischen, ökonomischen und ökologischen Veränderungen im Gebiet des...

The transition to climate neutrality requires the reallocation of production factors from polluting activities to non-polluting activities. The main push for this reallocation will come from governmental decarbonisation targets that are translated into stringent climate policy tools, such as...