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Lecture and Seminar „Climate and Energy policies“ in summer term 2019

Lecture and Seminar "Climate and Energy Policies" (7154 L 10) in summer term 2019

Thursdays
Lecture: 12.00 am - 2.00 pm, Room H 3012
Seminar: 4.00 - 6.00 pm, Room H 3012

Content of teaching:

The Paris Climate Agreement implies a rapid transformation of key sectors of our This transformation will largely be driven by sector specific policy instruments like renewable remuneration schemes, efficiency standards and networks, or innovation support for climate friendly production technologies. They are complemented by financing instruments and carbon pricing for example with emission trading. We will assess these policy instruments using both generic methods and sector specific case studies:

  • A structure to classify policy instruments according to their impact on decision processes of individuals and firms (satisficing, optimizing, strategizing).
  • An understanding of policy objective and target, economic and statutory incidence, and jurisdiction.
  • Methodologies to evaluate effectiveness of policy instruments and packages. This includes an assessment impacts regulatory credibility and risk on financing decisions. We also consider distributional impacts on public acceptance, and incentives for innovation and adoption of climate friendly practices, technologies and business models.

From the perspective of decision makers in industry and finance we will explore implications for firm level decisions. From the perspective of public policy makers evaluate different policy options and their interactions.

Qualification goals:

Objective of the course is to equip students with a robust methodology and experience based on case studies

  • to assess how different climate and energy policies impact firms in the industry and financial sector and can be considered in operational and strategic choices.
  • to understand regulatory risks and opportunities linked to ongoing policy developments.
  • to consider the interactions between public and private stakeholders on policy design, and extrapolate implications of different institutional/governance choices.

Furthermore discussions during the seminar, a presentation and a term paper contribute to research, writing and presentation skills.

Requirement for participation:

preferable: Good understanding of Micro Economics

Applicability:

MINE (field course)

M. Sc. Wi-Ing (Wahlpflicht Wirtschafts- und Sozialwissenschaften - VWL)

Duration of the module:

The module can be finished in one semester.

Number of participants: 30 participants

Registration:

Enrollment should be carried out via email to Team Assistent Olga Zhylenko:

Literature:

Grubb M., Hourcade, J.C., Neuhoff, K. 2014. Planetary Economics, Energy, Climate Change and the three domains of sustainable development, Routledge, London

Language of the course: English

 

 

 

 

 

 

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