A world of unequal carbon prices requires measures aimed at preventing carbon leakage. Climate policy imperatives demand that such measures must be compatible with the goal of sending a carbon price signal down the value chain. For carbon intensive materials, the combination of dynamic free allocation combined with Inclusion of Consumption (IoC) into emissions trading systems such as the European Union ...
The Italian white certificate scheme is the main national policy instrument to incentivise energy efficiency of the industrial sector. The mechanism sets binding energy-saving targets on electricity and gas distributors with at least 50,000 clients and includes a voluntary opt-in model for participation from other parties. This paper investigates and assesses the elements of the scheme that help overcome ...
Bauvolumenrechnung des DIW Berlin: Bauwirtschaft bleibt wichtige Stütze der Konjunktur – Handlungsbedarf im Bereich der energetischen Sanierung und bei der Unterbringung von Flüchtlingen Die Bauwirtschaft bleibt eine wichtige Konjunkturstütze: Insgesamt werden in diesem Jahr in Deutschland Bauten im Wert von rund 338 Milliarden Euro errichtet oder modernisiert – 2,7 Prozent ...
DIW Berlin’s construction volume calculations: construction industry remains a key pillar of the German economy—need for action in energy-efficient refurbishment and in accommodating refugees The construction industry remains a key pillar of the German economy: buildings worth a total of around 338 billion euros will have been constructed or modernized in Germany by the end of this year—2.7 ...
Die Wissenschaftsplattform Sustainable Finance vereint fünf deutsche Forschungseinrichtungen, die seit vielen Jahren intensiv zum Thema Sustainable Finance forschen. Diese Seite dokumentiert die erste Projektphase zwischen August 2019 und August 2021, die vom BMU und der Stiftung Mercator gefördert wurde. Der Fokus dieser Projektphase lag auf der wissenschaftlichen Begleitung der Arbeit des...
The Sustainable Finance Research Platform is a network of five German research institutions that have been conducting intensive research on sustainable finance for many years. The aim of the platform is to provide scientific support in answering key social, political and private sector questions, to provide established and emerging knowledge and to play an advisory role in the political and public...
This paper argues that the development of energy systems rests on a combination of three different domains of socio-economic processes and associated modes of decision-making. For shorthand these are termed ‘satisficing’, ‘optimising’, and ‘transforming’ domains, with corresponding underpinnings found in behavioural, neoclassical, and evolutionary economics respectively. Each domain operates at different ...