This paper illustrates the representation of induced technological change in the multi-regional, multi-sectoral integrated assessment model WIAGEM. The main aim of the paper is to investigate quantitatively the economic impacts of climate policy measures due to the induced technological changes that are considered. Improved technological innovations are triggered by increased R&D expenditures that ...
In October 2003, the European Union introduced a Directive which widens the scope of the EU's minimum taxation system from mineral oils to all energy products including coal, natural gas and electricity. It aims at reducing distortions that currently exist between Member States as well as between energy products. In addition, it increases previous minimum tax rates and thus the incentive to use energy ...
This article analyses the reform process in the European and the German natural gas sector. Competition in the industry and intra-European trade have been underdeveloped thus far. We argue that the European gas pipelines are a monopolistic bottleneck that require some form of access regulation, e.g. in the form of an Entry-Exit System. We discuss how regulation should be implemented at the European ...
The German electricity market is facing two major challenges: competition and climate protection. The liberalization of the electricity sector in Europe following the directive on the single internal market is increasing competition between suppliers of electricity, while the trading in emissions certificates, which started in January 2005, aims at reducing emission of carbon dioxide. This gives a ...