Topic Climate Policy

439 results, from 1

Towards a green and smart economy in Germany and the EU

The recovery from the corona virus pandemic provides a unique opportunity for transformation. But what does it take for the German and the European economy to thrive in the new, more digital, post-Covid world? How can we transform our economies while also limiting climate change and preparing for its impact? Will we manage to advance structural transformation while strengthening social cohesion? ...

27.01.2021| Ambroise Fayolle, Fritzi Köhler-Geib, Debora Revoltella, Marcel Fratzscher, Claudia Kemfert
Research Project

The European and German Natural Gas Market in the Short and Long Run: Report on the Finalization and Commissioning of the Nord Stream 2 Pipeline Project

In this report, the role of the Nord Stream 2 pipeline project for the German and the European natural gas market was investigated in the short run and the long run. In the short run, no supply gap can be identified that would justify the speedy finalization of construction works on the Nord Stream 2 project. In the long run, there is no need for the Nord Stream 2 pipeline due to the German and...

Completed Project| Energy, Transportation, Environment
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
Weitere Aufsätze

A Real Chance for Transatlantic Partnership on Climate Policy

In: Intereconomics 56 (2021), 1, S. 20-22 | Claudia Kemfert
Externe referierte Aufsätze

Distributional Impacts of Carbon Pricing: A Meta-Analysis

Understanding the distributional impacts of market-based climate policies is crucial to design economically efficient climate change mitigation policies that are socially acceptable and avoid adverse impacts on the poor. Empirical studies that examine the distributional impacts of carbon pricing and fossil fuel subsidy reforms in different countries arrive at ambiguous results. To systematically determine ...

In: Environmental & Resource Economics 78 (2021), 1, S. 1-42 | Nils Ohlendorff, Michael Jakob, Jan Christoph Minx, Carsten Schröder, Jan Christoph Steckel
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
Externe referierte Aufsätze

The Effect of Restructuring Electricity Distribution Systems on Firms' Persistent and Transient Efficiency

We evaluate the efficiency of electricity distribution operators (DSOs) as providers of local public infrastructure. In particular, we consider two types of efficiency, i.e., short-term (transient) and long-term (persistent). We apply the recently developed four-component stochastic frontier model, which allows identifying determinants of the two types of efficiency, after controlling for firm heterogeneity ...

In: The Energy Journal 42 (2021), 4, 20 S. | Astrid Cullmann, Oleg Badunenko, Subal C. Kumbhakar, Maria Nieswand

Neuer Policy Brief von Climate Friendly Materials Plattform wurde veröffentlicht: Climate Contribution and its role in European industrial decarbonisation

Last year, the Climate Friendly Materials Platform proposed an innovative policy framework to support the decarbonisation of the basic materials sector in the EU. A new policy brief from the platform focuses on one major component of this package: introducing the climate contribution to compliment the free allocation in the EU Emissions Trading System. The brief clarifies the concept and explains why ...

18.12.2020| Olga Chiappinelli
Berlin Seminar on Energy and Climate Policy

Virtual Seminar: The international politics of carbon pricing and deep decarbonization

With the Green Deal, the EU aims not only at climate neutrality by 2050, but also to stimulate economic recovery in light of the pandemic. The European Commission is currently revisiting its climate policy instruments in order to strengthen the economics of climate friendly activities and investments. A central part of the debate is the European Emission Trading System and a proposed Carbon Border...

25.11.2020| David G Victor, Arunabha Ghosh, Danny Cullenward, Ingrid Nestle

Investing in Europe’s green and digital future

The European Fund for Strategic Investments (EFSI) – the financial pillar of the Investment Plan for Europe – has been one of the good news stories to emerge in a decade of economic uncertainty. Launched by the Juncker Commission and the EIB Group in 2014, it has gone well beyond its target of €500 billion in mobilised investments. In the meantime, the Covid-19 pandemic has led to the biggest...

19.11.2020| Veranstaltungsrückblick
439 results, from 1