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It has been argued that a depletable resource owner might optimally increase near-term supply in response to environmental policies promoting the development of alternative resources, which might render climate policy ineffective or even counterproductive. This paper empirically confirms this...
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Amidst other national and global climate protection initiatives, the new EU Commission under the leadership of Ursula von der Leyen is facing the challenge of concretely following through on previous announcements regarding an ambitious climate policy. Specifically, action must be taken to raise...
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Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...
Persistent link: https://www.econbiz.de/10011660858
This paper discusses and analyzes various international mechanisms to scale up global action on climate mitigation and address the policy gap in this area. Despite the new commitments made at COP 26, there is still an ambition and a policy gap at the global level to keep temperature increases...
Persistent link: https://www.econbiz.de/10013336060
In theory, market-based regulatory instruments correct market failures at least cost. However, evidence on their efficacy remains scarce. Using administrative data, we estimate that, on average, the EU ETS – the world’s first and largest market-based climate policy – induced regulated...
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Konjunkturpakete, langfristige Ordnungspolitik und damit auch Klimapolitik zu ersetzen. Kon- junkturelle Maßnahmen müssen sich vor … Klimapolitik auf 14, 5 Mrd. Euro geschätzt (Auer et al. 2008: 29). Für die Umsetzung dieses Potentials gibt es be- reits in …. -gutschrif- ten an Unternehmen (CCS). Diese Maßnahmen haben zwar im Hinblick auf die Klimapolitik einen hohen …
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