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Zur Bewertung von Emissionshandel als Politikinstrument

Author Info

Listed author(s):
  • Marc Gronwald
  • Janina Ketterer

Abstract

Der Emissionshandel, derzeit das Hauptinstrument der Klimapolitik in Europa, wird in Zukunft noch weiter an Bedeutung gewinnen. Die spezifischen Eigenschaften des Marktes für CO2-Verschmutzungsrechte unterscheiden sich von anderen Finanzmärkten: Es sind besonders viele Entscheidungen über regulatorische Rahmenbedingungen zu treffen, die weitreichende Auswirkungen auf den Handel und somit die Preise haben. Dies kann zu einem sprunghaften Zertifikatepreis führen. Als Konsequenz ergibt sich ein besonders hohes Maß an Unsicherheit auf diesem Markt, das sich auf das Verhalten der Unternehmen bezüglich der Vermeidung von CO2aus-wirkt und zu Verzögerungen bei Investitionen in Vermeidungstechnologien führt.

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File URL: http://www.cesifo-group.de/portal/page/portal/DocBase_Content/ZS/ZS-ifo_Schnelldienst/zs-sd-2009/ifosd_2009_11_3.pdf
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Article provided by ifo Institute - Leibniz Institute for Economic Research at the University of Munich in its journal ifo Schnelldienst.

Volume (Year): 62 (2009)
Issue (Month): 11 (06)
Pages: 22-25

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Handle: RePEc:ces:ifosdt:v:62:y:2009:i:11:p:22-25
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Keywords: Emissionshandel; Klimaschutz; EU-Umweltpolitik; Welt;

Find related papers by JEL classification:

  • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

References listed on IDEAS
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