After the conferences in Bonn and Marrakech it is likely that international emissions trading will be realized in the near future. Major influences on the permit market are the institutional detail, the participation structure and the treatment of hot-air. Different scenarios do not only differ...

The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGE-model DART is used to simulate the...

The upcoming European Emissions Trading Scheme (ETS) is one of the more controversial climate policy instruments. Predictions about its likely impact and its performance can at present only be made to a certain degree. As long as the National Allocations Plans are not finally settled the overall...

Marginal abatement cost curves (MACCs) are a favorite instrument to analyze international emissions trading. This paper focusses on the question of how to define MACCs in a general equilibrium context where the global abatement level influences energy prices and in turn national MACCs. We...

Um den Absturz der Weltwirtschaft nach der sich im Herbst 2008 ausbreitenden internationalen Finanzkrise abzudämpfen, wurden weltweit Konjunkturpakte mit einem Umfang von nahezu 3 Billionen USD aufgelegt. Die UN hat gefordert, 25 Prozent dieser Gelder in den Klimaschutz zu investieren, da ohne...

Klimapolitik wirkt sich auf das Wirtschaftswachstum aus. Laut Modellrechnungen jedoch nur in geringem Maße. Dabei spielt die frühzeitige Verfügbarkeit von Technologien eine wichtige Rolle. Die Auswirkungen klimapolitischer Maßnahmen unterscheiden sich zwischen Industrie- und...

The decarbonization of India’s economy will have different effects across income groups. As India is in the middle of the transformation process from an agriculture-based economy towards an industry- and service-based economy, called economic structural change, the extent of income...

Agriculture and forestry play an important role in emitting and storing greenhouse gases. For an efficient and cost-effective climate policy, it is therefore important to include land use, land-use change, and forestry (LULUCF) explicitly in economy-climate models. This article gives an overview...