Thema Umweltmärkte

890 Ergebnisse, ab 11
Diskussionspapiere 1938 / 2021

The Impact of ECB Corporate Sector Purchases on European Green Bonds

This papers analyzes the effect of the ECB’s Corporate Sector Purchase Programme (CSPP) and the recent Pandemic Emergency Purchase Programme (PEPP) on the yields of eligible green bonds, a new but rapidly growing segment of the corporate bond market. We exploit these policy changes using a difference-in-differences strategy, with ineligible corporate green bonds issued in euro, U.S. dollars and Swedish ...

2021| Franziska Bremus, Franziska Schütze, Aleksandar Zaklan
DIW Weekly Report 10 / 2021

Green Deal for Industry: A Clear Policy Framework Is More Important Than Funding

The European Commission is facing the challenge and opportunity of implementing the Green Deal while simultaneously initiating the recovery of the economy following the coronavirus crisis. Investments in the basic materials industry’s transition to climate neutrality play a central role in this, as the sector is responsible for 16 percent of the EU’s CO2 emissions and is key to downstream value chains. ...

2021| Karsten Neuhoff, Olga Chiappinelli, Mats Kröger, Frederik Lettow, Jörn Richstein, Franziska Schütze, Jan Stede, Xi Sun
Weitere Aufsätze

Ein Bonus-Malus-System als Katalysator für die Modernisierung der Pkw-Flotte

Der Verkehr ist der einzige Sektor in Deutschland, dessen Treibhausgasemissionen seit dem klimapolitischen Referenzjahr 1990 nicht gesunken sind. Verantwortlich hierfür war vor allem ein Anstieg der Fahrleistung, aber auch der Trend zu größeren und höhermotorisierten Pkw, durch den technische Effizienzgewinne konterkariert wurden. Um eine Chance zu wahren, die mit dem Bundes-Klimaschutzgesetz selbst ...

In: Wolfgang Siebenpfeiffer (Hrsg.) , Mobilität der Zukunft : Intermodale Verkehrskonzeptex
Berlin : Springer
s. 353-371
| Carl-Friedrich Elmer, Claudia Kemfert
DIW Wochenbericht 11 / 2021

Patient Erde: Wie klimagerecht ist „klimaneutral“? Kommentar

2021| Claudia Kemfert
Externe referierte Aufsätze

The EU ETS to 2030 and beyond: Adjusting the Cap in Light of the 1.5°C Target and Current Energy Policies

The Paris Agreement calls on countries to pursue efforts to limit global average temperature rise to 1.5°C. We derive a 2016–2050 emission budget for the EU Emissions Trading System (EU ETS) based on cost-effectiveness criteria aimed at achieving the 1.5°C target with a 50%–66% probability, and translate it into a cap reduction path. We show that, under current ETS parameters, the vast majority of ...

In: Climate Policy (2021), im Ersch. [online first: 2020-02-05] | Aleksandar Zaklan , Jakob Wachsmuth, Vicki Duscha
Weitere Aufsätze

A Real Chance for Transatlantic Partnership on Climate Policy

In: Intereconomics 56 (2021), 1, S. 20-22 | Claudia Kemfert
Diskussionspapiere 1925 / 2021

Coase and Cap-and-Trade: Evidence on the Independence Property from the European Carbon Market

This paper tests the independence property under the Coase Theorem in a large multinational cap-and-trade scheme for greenhouse gas emissions, the EU Emissions Trading System (EU ETS). I analyze whether emissions of power producers regulated under the EU ETS are independent from allowance allocations, leveraging a change in allocation policy for a difference-in-differences strategy. The evidence suggests ...

2021| Aleksandar Zaklan
Zeitungs- und Blogbeiträge

Der CO2-Preis ist viel zu niedrig

In: Handelsblatt (12.01.2021), S. 10 | Claudia Kemfert
Diskussionspapiere 1948 / 2021

Climate Neutral Production, Free Allocation of Allowances under Emissions Trading Systems, and the WTO: How to Secure Compatibility with the ASCM

To reach climate neutrality, carbon emissions from the production of basic materials need to be significantly reduced. For governments’ support measures to be consistent with their World Trade Organization obligations, they need to be compatible with the WTO’s Agreement on Subsidies and Countervailing Measures (ASCM). This paper analyzes the ASCM consistency of three selected support schemes, namely: ...

2021| Roland Ismer, Harro van Asselt, Jennifer Haverkamp, Michael Mehling, Karsten Neuhoff, Alice Pirlot
Diskussionspapiere 1947 / 2021

Effectiveness, Spillovers, and Well-Being Effects of Driving Restriction Policies

We study the effectiveness, spillovers, and well-being effects of low emission zones in Germany, an emission-intensity-based driving restriction rapidly growing in popularity. Using regression discontinuity and group-time difference-in-differences designs, we show that previous estimates of the policy’s impact on traffic-related air pollution significantly underestimate its effectiveness. We provide ...

2021| Luis Sarmiento, Nicole Wägner, Aleksandar Zaklan
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