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Voluntary Agreements and CO2 Reduction - An empirical Assessment of German Industries

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Listed:
  • Parlow, Anton
  • Hövelmann, Dennis

Abstract

Using data on 57 German industries we find that industries participating in voluntary agreements reduce their CO2-emissions up to 30% compared to industries not participating in voluntary agreements for the period 1995 to 2010. The success of these agreements can be explained by a credible threat of the regulatory agency to impose taxes.

Suggested Citation

  • Parlow, Anton & Hövelmann, Dennis, 2014. "Voluntary Agreements and CO2 Reduction - An empirical Assessment of German Industries," MPRA Paper 59972, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:59972
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    References listed on IDEAS

    as
    1. Glachant, Matthieu, 2007. "Non-binding voluntary agreements," Journal of Environmental Economics and Management, Elsevier, vol. 54(1), pages 32-48, July.
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    3. Abeelen, Christiaan & Harmsen, Robert & Worrell, Ernst, 2013. "Implementation of energy efficiency projects by Dutch industry," Energy Policy, Elsevier, vol. 63(C), pages 408-418.
    4. Grepperud, Sverre, 2002. "Voluntary environmental agreements: bargaining over more than emissions," European Journal of Political Economy, Elsevier, vol. 18(3), pages 545-559, September.
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    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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