In 2005, the EU introduced an emissions trading system in order to pursue its Kyoto obligations. This instrument gives emitters the flexibility to undertake reduction measures in the most cost-efficient way and mobilizes market forces for the protection of the earth's climate. In this paper, we...

The Productivity Commission today released a staff working paper titled The Stern Review: an assessment of its methodology. This technical paper contains a detailed examination of key elements of the Review's analytical approach. Originally prepared as an internal research memorandum following...

Die Einschätzungen zur wirtschaftlichen Bewertung von Klimaschutzmaßnahmen, insbesondere zur Steigerung der Energieeffizienz, sind sehr widersprüchlich. Dieses Buch erläutert anhand von Zahlenmaterial die analytischen Hintergründe und ist auch für Nicht-Ökonomen verständlich geschrieben....

A new chapter summarising some information for the entire trading period has been added in this year's report. There is a supplementary analysis on impacts of the EU ETS on industrial competitiveness, the intention of which is to provide background information and more detailed analysis on this...