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Externe referierte Aufsätze
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
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Externe referierte Aufsätze
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
21 (2021), 6, S. 778–791
| Aleksandar Zaklan, Jakob Wachsmuth, Vicki Duscha
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Diskussionspapiere 1925 / 2021
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
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Externe referierte Aufsätze
Offshore wind plays an ever-increasing role for the global transition to renewable energy. For offshore wind energy to be successful, cost-effective transport of the produced electricity to shore is necessary. The development and operation of the offshore transmission asset is costly and regulated differently across the globe. In most countries, the TSO is responsible for the transmission and develops ...
In:
Economics of Energy and Environmental Policy
10 (2021), 1, S. 229-249
| Yann Girard, Claudia Kemfert, Julius Stoll
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Externe referierte Aufsätze
A rapid coal phase-out is needed to meet the goals of the Paris Agreement, but is hindered by serious challenges ranging from vested interests to the risks of social disruption. To understand how to organize a global coal phase-out, it is crucial to go beyond cost-effective climate mitigation scenarios and learn from the experience of previous coal transitions. Despite the relevance of the topic, evidence ...
In:
Environmental Research Letters
16 (2021), 11, 113003, 40 S.
| Francesca Diluiso, Paula Walk, Niccolò Manych, Pao-Yu Oei ...
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Diskussionspapiere 1989 / 2021
With the expansion of onshore wind power, countries increasingly consider the introduction of minimum distance regulations between wind turbines to nearby residential areas, to increase public acceptance. In 2014, the German federal state of Bavaria introduced a minimum distance regulation that requires new wind turbines to be ten times their total height away from settlements (10-H regulation). This ...
2021| Jan Stede, Marc Blauert, Nils May
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Externe referierte Aufsätze
The core of the 36th round of the Energy Modeling Forum project shows that it is more likely that major fossil-fuel exporters, such as the Middle East, are highly affected because of the decrease in fossil-fuel extractions required for the worldwide fulfillment of the Paris agreement. We employ a multi-region, multi-sector computable general equilibrium model of global trade and energy to examine the ...
In:
Energy Economics
104 (2021), 105629, 19 S.
| Mohammad M. Khabbazan, Christian von Hirschhausen
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Externe referierte Aufsätze
So far, scientific analyses have mainly focused on the pros and cons of solar geoengineering or solar radiation management (SRM) as a climate policy option in mere isolation. Here, we put SRM into the context of mitigation by a strictly temperature-target-based approach. As the main innovation, we present a scheme that extends the applicability regime of temperature targets from mitigation-only to ...
In:
Earth System Dynamics
12 (2021), 4, S. 1529–1542
| Mohammad M. Khabbazan, Marius Stankoweit, Elnaz Roshan, Hauke Schmidt, Hermann Held
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Externe referierte Aufsätze
Side effects of “solar-radiation management” (SRM) might be perceived as an important metric when society decides on implementing SRM as a climate policy option to alleviate anthropogenic global warming. We generalize cost-risk analysis that originally trades off expected welfare loss from climate policy costs and risks from transgressing climate targets to also include risks from applying SRM. In ...
In:
Environmental Modeling and Assessment
26 (2021), 5, S. 823–836
| Elnaz Roshan, Mohammad M. Khabbazan, Hermann Held
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Externe referierte Aufsätze
Carbon Capture and Storage (CCS) might be a central technology to reach the decarbonisation goals of the European energy system. However, CCS deployment faces multiple economic, technological, and infrastructure challenges. Related literature tends to only focus on certain aspects of the CCS technology or to be limited to a particular sector perspective. In contrast, this paper presents a holistic ...
In:
Energy Economics
104 (2021), 105631, 18 S.
| Franziska Holz, Tim Scherwath, Pedro Crespo del Granado, Christian Skar, Luis Olmos, Quentin Ploussard, Andrés Ramos, Andrea Herbst