Governments around the world are under pressure to reduce industrial energy use and emissions without losing out to international competition. For this reason, climate policies often come with exemptions or…
This paper analyzes bank lending behavior toward novel clean energy technologies in the presence of high screening costs and potential learning-by-lending. In a two-period model, bank loans in the first period…
The rise of societal goals like climate change mitigation and energy security calls for rapid capacity growth in renewable electricity sources, yet citizens’ support is put to a test when such technologies emit…
We examine the relationship between household incomes and the biodiversity footprints of consumption in the United States from 1996 to 2022. Combining detailed household expenditure surveys…
We examine the welfare effects of removing explicit and implicit fossil fuel subsidies, the latter entailing Pigouvian pricing of local externalities from fossil energy consumption. We map a multi-region,…
Many governments still help to keep fossil fuels cheap – sometimes by directly paying part of the supply cost (explicit subsidies), and at other times by not including the hidden costs of pollution and health…
Nachhaltigkeit gewinnt zunehmend an wirtschaftlicher Bedeutung – in vielen Bereichen wird sie zu einem entscheidenden Faktor. Doch wie gelingt die grüne Transformation, und wie lassen sich Umweltziele konkret…
Das Gebäudeenergiegesetz (GEG), umgangssprachlich auch „Heizungsgesetz“ genannt, sorgte in den letzten Jahren für viele Diskussionen in Öffentlichkeit, Medien und Politik. Die meisten Zeitungen berichteten…
We study Germany’s photovoltaic (PV) subsidy program, estimating a dynamic model of new technology adoption which accounts for heterogeneity in residential ownership structures. We find that homeowner and…
