How do firms respond to greener household preferences? We construct a novel index of environmental willingness to act on the state-quarter level based on Google Trends search data. Relating the index to firm-level information on the U.S. auto- motive sector from 2006 to 2019, we find ambiguous results. On average, firms innovate more in electric, hydrogen, and hybrid (clean) technologies and reduce ...
Context and problem • The European Union’s Carbon Border Adjustment Mechanism (CBAM) was introduced to prevent carbon leakage, and to incentivise global carbon pricing. The UK is set to introduce a CBAM in 2027 for the same reasons. However, this policy measure will face limitations in a fragmented geopolitical environment if progress on global carbon pricing remains slow. • The reliance on international ...
We evaluate German purchase subsidies for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) using data on new vehicle registrations in Germany dur¬ing 2015-2022. We account for confounding time trends and interacting EU-level CO2 standards using neighboring countries as a control group. We find that 40% of BEV and 25% of PHEV registrations were subsidy-induced. The program ...
Nitrate pollution from agricultural production is a major threat to water resources worldwide. This study quantifies the consequences of groundwater nitrate pollution for the drinking water supply sector by estimating the effect of groundwater nitrate pollution on the costs of water utilities. In doing so, we contribute to the estimation of the external costs of agricultural nonpoint pollution associated ...
Experiences with the regionally differentiated climate dividend in Austria in terms of effectiveness, acceptance and feasibility in the administration. Contribution of a regionally differentiated climate dividend to the acceptance of climate policy (social compatibility and efficiency) Transferability of the Austrian concept and experiences with implementation to Germany.
The emerging net zero paradigm requires economies to go green; and Europe’s ambition is to lead the way. This requires directing technological change toward cleaner growth, which intersects with green industrial policies in the form of green innovation subsidies. Leveraging a quasi-exhaustive novel dataset on German R&D subsidies, we provide rigorous evidence on whether green R&D subsidies...
Driven by the motivation to raise the ambition level of climate action and to foster the transformation of economies, current climate policy discourse revolves around ways to improve cooperation between industrialized countries and emerging economies. We identify three broad types of initiatives—multilateral-cross sectoral, multilateral, sector specific, and climate and development partnerships—and ...
Diese Dissertation behandelt die Herausforderungen der Dekarbonisierung im Energiesektor aus verschiedenen Perspektiven mit unterschiedlichen Methoden. Kapitel 1 liefert Hintergrund und Motivation. Kapitel 2 analysiert die Beziehung zwischen geografischer und zeitlicher Flexibilität im Strommarkt in einem Szenario mit 100% erneuerbaren Energien in zwölf mitteleuropäischen Ländern. Unter Anwendung eines ...