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...

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...

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...

The analysis of climate change is confronted with large uncertainties that need to be taken into account to arrive at meaningful policy recommendations. The main contribution of economics to this interdisciplinary task is to provide formal frameworks and techniques for analyzing climate policy...

In this paper we use the CGE model DART to assess the economic impacts and optimality of different aspects of the EU climate package. A special focus is placed on the 10% biofuel target in the EU. In particular we analyze the development in the biofuel sectors, the effects on agricultural...

Lange Zeit favorisierte das Bundesministerium für Wirtschaft und Energie eine zusätzliche Klimaabgabe für alte Kohlekraftwerke zur Erreichung der deutschen Klimaziele. Mit dem Kompromiss vom 1. Juli scheint dieser Vorschlag jetzt vom Tisch zu sein. Sind die Alternativvorschläge zur...