The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...

Understanding companies' preferences for various domestic policy instruments is crucial to designing and planning Sectoral Market Mechanism (SMM) in China. Based on a detailed overview of domestic policy instruments under SMM, this paper evaluates corporate preferences for diverse domestic...

In the first dispute on renewable energy to come to WTO dispute settlement, the domestic content requirement of Ontario's feed-in tariff was challenged as a discriminatory investment-related measure and as a prohibited import substitution subsidy. The panel and Appellate Body agreed that Canada...

Whether China continues its current energy-intensive growth path or adopts a sustainable development prospect has significant implication for energy and climate governance. Building on a Ramsey-Cass-Koopmans growth model incorporating the mechanism of endogenous technological change and its...

We analyze the price dynamics of European allowances and international carbon credits in the second phase of the European carbon market. We develop and use a model combining fundamental drivers associated with the demand for quotas by installations and risk-return considerations related to the...

This paper aims at characterizing the conditions of wind power deployment in order to infer a carbon price level that would provide wind power with comparable advantage over fossil fuel technologies as effective wind support policies. The analysis is conducted on Danish data from 2000 to 2010,...

In this paper we investigate the introduction of an export tax on steam coal levied by an individual country (Australia), or a group of major exporting countries. The policy motivation would be twofold: generating tax revenues against the background of improved terms-of-trade, while CO2...

Im Rahmen der Umsetzung der Energiewende steigt der Bedarf an Politikkoordination angesichts des Zusammenwirkens multiplen Marktversagens und der Interaktion umwelt-, energie- und innovationspolitischer Ziele und Instrumente im Policy-Mix. Zugleich erweist sich eine Koordination als zunehmend...

Bisher konnte im globalen Rahmen kein Konsens zu international bindenden und grenzüberschreitenden Maßnahmen zum Klimaschutz erreicht werden. Dennoch wurden bereits zahlreiche Maßnahmen zur Begrenzung des Klimawandels auf nationaler oder internationaler Ebene beschlossen. Der Beitrag gibt...

Am 22. September ist Bundestagswahl. Im Vergleich zum letzten Bundestagswahlkampf 2009 spielt die internationale Klimapolitik nur noch eine Nebenrolle. Die klimapolitischen Themen des Wahlkampfes werden vielmehr überdeckt von der Energiewende, die in Deutschland eingeleitet wurde. Der Beitrag...