Durch die Energiewende und die zunehmende Digitalisierung werden in den nächsten zwei Jahrzehnten neue Risiken für die Stromversorgung entstehen. Um diese Risiken beherrschbar zu machen und Blackouts mitsamt ihren Folgeschäden für die Gesellschaft zuverlässig zu verhindern, ist eine...

This study represents the first attempt at an integrated approach to assessing the potential impacts of climate change on the national economy of South Africa via a number of (but not necessarily all) impact channels. The study focuses on outcomes by about 2050. The results show the multiple...

Global climate change and other environmental challenges require the development of new energy technologies with lower emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these lower emission technologies. However, the results of...

The paper derives the optimal carbon tax in closed-form from an integrated assessment of climate change. The formula shows how carbon, temperature, and economic dynamics quantify the optimal mitigation effort. The model's descriptive power is comparable to numeric models used in policy advising....