Christiane Ochsenreiter und Alexandra Zirkel, Umweltbundesamt, DEHSt, Deutsche Emissionshandelsstelle, plädieren für eine Reform des Emissionshandels. So sei der Vorschlag der Europäischen Kommission, zum Beginn der vierten Handelsperiode (2021) eine Marktstabilitätsreserve einzuführen, die...

This volume was prepared by Rahel Aichele while she was working at the ifo Institute. It was completed in December 2012 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. The chapters investigate how, in a...

Die Bundesregierung hat sich ehrgeizige Klimaschutzziele gesetzt; bis zum Jahr 2050 soll der CO2-Ausstoß gegenüber dem Basisjahr 1990 um bis zu 95 % sinken. Dies ist nur erreichbar, wenn auf die Braunkohleverstromung in Deutschland mittelfristig verzichtet wird. Insoweit gibt es einen kaum zu...

We study the effect of climate policy on companies’ greenhouse gas emissions using emissions data for the headquarters and subsidiaries of the world’s biggest manufacturing, energy, and utility companies. Our results suggest that financial incentives and legal requirements to audit energy...

The ongoing transformation of the world's energy systems requires an international monitoring to evaluate the transformation processes and to identify transferable leading practice policies. For this purpose, an independent scientific expert commission should be established for the G20. By...

In this paper, we investigate the effect of the state-level renewable heating mandate for existing homes in Baden-Wuerttemberg, Germany's third largest federal state. The mandate requires homeowners to supply at least 10 % of their heat demand with renewable energy when they replace their...

We analyze the drivers and barriers that influence investments increasing the energy efficiency of firms' production processes or buildings in the German manufacturing sector based on microdata. In particular, we shed light on the relationship between financial barriers (e. g. credit...

We analyze the drivers and barriers that influence investments increasing the energy efficiency of firms' production processes or buildings in the German manufacturing sector based on microdata. In particular, we shed light on the relationship between financial barriers (e. g. credit...

Low and uncertain carbon prices are often stated as a major obstacle for industrial sector investments in technologies to deliver deep emissions reductions. Project-based carbon contracts underwritten by national governments could addressregulatory risk, lower financing costs and strengthen...

I investigate the impact of the European Union Emissions Trading Scheme (EU ETS) on fuel efficiency of fossil fuel power plants using administrative micro data on power plants in Germany from 2003 to 2012. I find positive efficiency effects in fuel use, leading to a decrease in fuel input of 0.4...