It is well known that uncertainty concerning firms’ costs as well as market power of the latter have to be taken into account in order to design and choose environmental policy instruments in an optimal way. As a matter of fact, in most actual regulation settings the policy maker has to face...

As part of its climate strategy, the EU aims at increasing the share of electricity from renewable energy sources (RES-E) in overall electricity generation. Attaining this target poses a considerable challenge as the electricity sector is “locked” into a carbon-intensive system, which...

It is well known that uncertainty concerning firms’ costs as well as market power of the latter have to be taken into account in order to design and choose environmental policy instruments in an optimal way. As a matter of fact, in the most actual environmental regulation settings the policy...

It is well known that uncertainty concerning firms’ costs as well as market power of the latter have to be taken into account in order to design and choose environmental policy instruments in an optimal way. As a matter of fact, in most actual regulation settings the policy maker has to face...

In view of the failure of international negotiations on climate protection and the improbability of a trend reversal in the climate changes that have already occurred, the option of climate change adaptation is becoming more and more important in climate change policy. A large number of...

Angesichts erfolgloser internationaler Klimaschutzverhandlungen und einer kaum zu erwartenden Trendumkehr bereits eingetretener klimatischer Veränderungen gewinnt die Option der Anpassung an den Klimawandel immer mehr an klimapolitischer Bedeutung. Zahlreiche Länder haben durch die Konzeption...