Climate change has become one of the most prominent concerns globally. In this paper, we study the transition risk of greenhouse gas emission reduction in structural environmental-macroeconomic DSGE models. First, we analyze the uncertainty in model prediction on the effect of unanticipated and...

This paper is the first to investigate the effectiveness of fuel taxation to jointly deliver climate and health benefits in a quasi-experimental setting. Using the synthetic control method, we compare carbon and air pollutant emissions of the actual and synthetic German transport sector...

Grünes Wachstum, Nullemission, Energiewende, ökologische Modernisierung. Die Klimadebatte hat ihr eigenes Vokabular hervorgebracht, dessen Begriffe eine strukturkonservative Agenda transportieren: Mit marktbasierten Klimaschutzinstrumenten, grüner Technologie und globalem Management sollen...