Linking of two or more cap-and-trade systems promises gains in cost effectiveness and signals a strong commitment to carbon policy. Linking is also seen as one possible way of converging from regional climate policy initiatives toward a global climate policy architecture. Moreover, linking may...

Carbon leakage is of interest in both academic and policy debates about the effectiveness of unilateral climate policy, especially in Europe, where the EU Emissions Trading System (EU ETS) affects many traded sectors. We review how the literature identifies leakage and the pollution haven...

Environmental regulations such as air quality standards can lead to notable improvements in ambient air quality and to related health benefits. But they impose additional production costs on firms and may reduce productivity, earnings, and employment, especially in sectors exposed to trade and...

Environmental regulations such as air quality standards can lead to notable improvements in ambient air quality and to related health benefits. But they impose additional production costs on firms and may reduce productivity, earnings, and employment, especially in sectors exposed to trade and...

Die deutsche Energiepolitik verfolgt zwei wesentliche Ziele, zum einen die Abkehr vom Atomstrom (Energiewende), zum anderen den Ausbau erneuerbarer Energien, um für das Klima gefährliche Treibhausgase einzusparen. Dabei kommen unterschiedliche Instrumente zum Einsatz, die sich teilweise...

In this paper, I empirically estimate the relationship between digital technology and climate technology using the United States Patent and Trademark Office's patent database. I find that innovation in digital technology increases the number of patents for climate technology by 17.3% on average,...

Die Reform des Gebäudeenergiegesetzes zielt darauf ab, den Anteil erneuerbarer Energienim Gebäudebereich zu erhöhen. Die vorgesehenen Maßnahmen, insbesondere der forcierteEinsatz von Wärmepumpen, sind jedoch ökologisch ineffektiv, da mögliche CO2-Einsparungenim Rahmen des nationalen...

To decarbonize the power sector, policy-makers need to commit to long-term credible rules for climate and energy policy. Otherwise, risk of opportunistic policy-making will impair investments into low-carbon technologies. However, the future benefits and costs of decarbonization are subject to...

Staatliche Bestimmungen und Maßnahmen der Energiepolitik sind unterschiedlich mit den Zielen Versorgungssicherheit, Wirtschaftlichkeit und Umweltschutz vereinbar. Dabei stehen die internationalen, europäischen und nationalen Klimaschutzziele sowie die Instrumente für ihre Einhaltung im...