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...

Im Oktober 2023 tritt das Europäische CO2-Grenzausgleichssystem (Carbon Border Adjustment Mechanism, CBAM) in Kraft. Der neue Mechanismus ist Teil einer Reform des Europäischen Emissionshandels (EHS). Derzeit müssen energieintensive Industrien nur einen Teil der EHS-Emissionszertifikate am...

The overall aim of this paper lies on presenting a short pragmatic image of the main aspects concerning the impact of international trade on the environment, on the one hand, and the impact of environmental policies and regulations on the international trade, on the other hand. Also, this...

Power laws in productivity and firm size are well-documented empirical regularities. As they are upper right-tail phenomena, this paper shows that assuming asymptotic power functions for various model primitives (such as demand and firm heterogeneity) are sufficient for matching these...

The aim of this paper is to cover the gap in literature about transparency in the context of international trade facilitation. It focuses on the importance of transparency in achieving growth in international trade and the differences between non-transparent practices and corruption in global...

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...

Damit die EU ihre ambitionierten Klimaschutzziele erreichen kann, werden die Preise für Treibhausgasemissionen in den nächsten Jahren spürbar steigen. Das hat ökonomische Auswirkungen für die EU-Mitgliedsländer, aber auch den Rest der Welt. Einzelne Sektoren und auch Volkswirtschaften...

According to conservative calculations, over $580 billion was spent worldwide on environmental goods and services and renewable energy technologies1 in 2004. So-called "green spending" is set for strong growth in the future on account of the long-term expansion of the global economy and mounting...

Die weltweiten Ausgaben für Umweltschutzgüter und Investitionen in erneuerbare Energien beliefen sich im Jahr 2004 auf über 580 Milliarden US-Dollar - konservativ gerechnet. Aufgrund des langfristigen Wachstums der Weltwirtschaft und zunehmender ökologischer Herausforderungen werden die...

In the absence of a global agreement to reduce emissions, Australia adopted a carbon tax unilaterally to curb its own emissions. During the debate prior to passing the carbon tax legislation in 2011, there were concerns about the challenge that Australia's emissions-intensive and trade-exposed...