In October 2023, the EU Carbon Border Adjustment Mechanism (CBAM), a part of the reform of the European Emissions Trading System (EU ETS), will come into effect. Currently, energy-intensive industries do not need to purchase all of the necessary EU ETS allowances on the market to remain globally...

Familienunternehmen zeigen bei der Planung von Klimaschutzmaßnahmen eine hohe innere Motivation. Oft ausgehend von den Gesellschaftern oder den Wünschen ihrer Kunden haben sie viele Maßnahmen schon umgesetzt, vor allem in der Energieerzeugung und in der Abfallwirtschaft. Sie sehen aber auch...

Emission allowances are often distributed for free in an early phase of a cap-and-trade scheme (grandfathering) to reduce adverse effects on the profitability of firms. If the grandfathering scheme is phased out over time, firms may nevertheless relocate to countries with a lower carbon price...

International offset certificates trade at lower prices than European Union Allowances (EUAs), although they are substitutes within the EU Emissions Trading System (EU ETS) for CO2. Firms therefore had a strong incentive to use the cheaper certificates. However, a considerable number of firms...