Carbon leakage is an issue of major interest in both academic and policy debates about the effectiveness of unilateral climate policy addressing global externalities. The debate is particularly salient in Europe, where the EU Emissions TradingSystem (EU ETS) covers emissions of many traded...

Environmental policies may have important consequences for firms' competitiveness or profit-ability. However, the empirical literature shows that hardly any statistically significant effects on firms can be detected for the European Union Emissions Trading Scheme (EU ETS). We explain why there...

Der Bericht untersucht die Kompatibilität eines Emmissionshandels mit ordnungsrechtlichen und ökonomischen Instrumenten des Klimaschutzes. Es wird auch der Richtlinien-Vorschlag der Europäischen Kommission über ein System für den Handel mit Treibhausgasemissionsberechtigungen in der...

Nature and agriculture both shape the European countryside and one of the main challenges for the years to come will be to strengthen their interaction for the future development of rural areas. In this valuable and highly topical book, the authors demonstrate how economics and ecology can play...