This paper investigates the sustainability of the German economy when reaching the Kyoto emissions reduction target. We use a special intergenerational discounting technique which actually takes into account intergenerational peculiarities in an overlapping generations modeling framework which...

The nuclear power industry is faced with profound challenges- not only in Germany, but throughout Europe as well. New nuclear power plants are very expensive to build and even at high carbon prices, nuclear power is not competitive. Nevertheless, the EU reference scenario assumes that within the...

Die Atomwirtschaft steht vor tiefgreifenden Veränderungen, nicht nur in Deutschland, sondern in ganz Europa. Der Bau neuer Atomkraftwerke ist mit sehr hohen Kosten verbunden, selbst bei hohen CO2-Preisen kann Atomkraft nicht wettbewerbsfähig werden. Trotzdem geht das EU-Referenzszenario davon...