| Kommentar |
The focus of this course is on the economics of climate change, and the various policy options to mitigate climate change. The first lecture gives an introduction to the problem of anthropogenic climate change. The following lectures focus on technological change, especially in the renewable energy sector, the concept of learning curves, and “induced technological change”. Among the environmental policy options we discuss are emission trading schemes, carbon taxes, R&D subsidies, output subsidies for renewable energies, energy-saving policies. Institutional aspects such as the flexible mechanisms in the Kyoto-Protocol (CDM and JI), as well as issues of deforestation and agriculture are also covered. Exercises are included in the course. Participating students should be interested in mathematic modeling in economics, and be prepared to read research papers in English. |
| Literatur |
Fischer, C. Newell, R.G. (2008) Environmental and technology policies for climate mitigation. Journal of Environmental Economics and Management, 55, p.142-162 Goulder, L.H., Mathai, K. (2000) Optimal CO2 Abatement in the Presence of Induced Technological Change. Journal of Environmental Economics and Management, 39, p.1-38 Jaeger, W.K. (1995) The welfare cost of a global carbon tax when tax revenues are recycled. Resource and Energy Economics, 17, p.47-67 Nordhaus, W.D. (1993) Rolling the ‘DICE’: An optimal transition path for controlling greenhouse gases. Resource and Energy Economics, 15,p. 27-50 Unruh, G.C. (2000) Understanding carbon lock-in. Energy Policy, 28, p.817-830 Edenhofer, O., Bauer, N., Kriegler, E. (2005) The impact of technological change on climate protection and welfare: Insights from the model MIND. Ecological Economics, 54, p.277-292 Hart, R. (2008) The timing of taxes on CO2 emissions when technological change is endogenous. Journal of Environmental Economics and Management, 55, p.194-212. IEA-Report: http://www.iea.org/textbase/nppdf/free/2006/weo2006.pdf Stern-Report: http://www.hm-treasury.gov.uk/independent_reviews/stern_review_economics_climate_change/stern_review_report.cfm |
