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Chaired by: Simone Borghesi, Director FSR Climate 

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Papers and presentations

The 2017 Annual Conference on the Economic Assessment of European Climate Policies took place at the European University institute in Florence on 30 November- 1 December 2017.

The conference covered the main climate-related existing policies, at EU, national and subnational levels and included four plenary sessions on Energy efficiency, Renewable policies, Environmental taxation and EU ETS

Each session featured an invited speaker:

Energy efficiency: Andreas Löschel (University of Münster)

Renewable policies: Carolyn Fisher (Resources for the Future, USA)

Environmental taxation: Cameron Hepburn (University of Oxford and London School of Economics, UK)

EU ETS: Antoine Dechezleprêtre (London School of Economics, UK).

The conference keynote speech was delivered by Lucas Bretschger (ETH Zürich, Switzerland). 



Keynote and plenary speakers highlights

Basic climate model: theory and policy, Lucas Bretschger (Keynote speech)

The impact of the EU ETS on carbon emissions and economic performance, Antoine Dechezleprêtre

Energy efficiency and energy demand flexibility, Andreas Löschel




Plenary presentation: EU ETS

The impact of the European Union emissions trading system on carbon emissions and economic performance
Antoine Dechezleprêtre,  OECD and London School of Economics


Session 1: Emissions trading

Trust, compliance and International regulation
Ara Jo, London School of Economics

A theory of gains from trade in multilaterally linked ETSs  (PAPER)
Baran Doda, London School of Economics, Simon Quemin, Luca Taschini

Impacts of the UK carbon price floor: a machine learning approach
Jan Abrell, Mirjam Kosch, ETH Zürich


Session 2: Renewables 

Putting renewable energy auctions into action – An agent-based model of onshore wind power auctions in Germany
Vasilios Anatolitis, Fraunhofer ISI, Marijke Welisch

Can the US keep the PACE? A natural experiment in accelerating the growth of solar electricity (PAPER)
Nadia Ameli, University College London, Mauro Pisu, Daniel M. Kammen

Does the stick make the carrot more attractive? State mandates and uptake of renewable heating technologies
Martin Achtnicht, Robert Germeshausen, Kathrine von Graevenitz, Centre for  European Economic Research


Keynote speech

Basic climate model: theory and policy
Lucas Bretschger,  ETH Zürich


Plenary presentation: Environmental taxation

Making carbon pricing work
Cameron Hepburn, University of Oxford and London School of Economics

Session 3: Energy and carbon taxation

Compensating households from carbon tax regressivity and fuel poverty: a microsimulation study (PAPER)
Audrey Berry, Centre International de la Recherche sur l’Environnement et le Développement

Time-consistent carbon pricing
Olga Chiappinelli, DIW Berlin, Karsten Neuhoff

North-South transfers of climate-mitigation technologies: the crowding-out effect on relocation
Julie Ing, Jean-Philippe Nicolaï,| ETH Zürich


Session 4: Energy efficiency

Relations between preferences over risk, time, and losses and household adoption of energy efficient technologies in Europe (PAPER)
Joachim Schleich, Grenoble École de management, Xavier Gassmann, Thomas Meissner, Corinne Faure

Efficiency gap and optimal energy conservation incentives
Franz Wirl, University of Vienna

Heterogeneous treatment effects in energy efficiency upgrades: an econometric analysis of UK policies
Daire McCoy, London School of Economics, Francois Cohen, Antoine Dechezleprêtre, Raphaela Kotsch

Plenary presentation: Renewable policies

The case for a reserve price in the EU ETS
Carolyn Fischer, Resources for the Future

Session 5: Multiple instruments in climate policy

On the dynamic efficiency of trade-related climate policy instruments – competitive pressure and emission-reducing innovation
Claudio Baccianti, Oliver Schenker, Frankfurt School of Finance & Management

Carbon contracts: a way to finance innovative low carbon investments
Jörn C. Richstein, DIW Berlin

As bad as it gets: how climate damage functions affect growth and the social cost of carbon (PAPER)
Lucas Bretschger, Aimilia Pattakou, ETH Zürich


Session 6: Climate and energy policy issues

Let’s talk about the weather: the impact of climate change on central banks (PAPER)
Sandra Batten,
Bank of England, Rhiannon Sowerbutts and Misa Tanaka

EU climate change policies from an EP perspective
Georgios Amanatidis, European Parliament

Environmentally counterproductive support measures in Austria – empirical analysis for energy and transport (PAPER)
Daniela Kletzan-Slamanig, Austrian Institute of Economic Research, Angela Köppl

Why renewable policy must fully account for renewable gas
Tim Cayford, Eurogas, Eva Hennig, Thüga AG
Paper (by Tim Cayford)



Session 7: Emissions trading

Flexibility in the market for International carbon credits and price dynamics difference with European allowances  (PAPER)
Claire Gavard,
Centre for European Economic Research, Djamel Kirat

Carbon pricing, coastal proximity and plant survival: evidence from the European cement sector
Tobias Udsholt, OECD, Misato Sato

Strategic delegation and centralised climate policy (PAPER)
Maria Arvaniti, Umeå University, Wolfgang Habla

Session 8: Renewables

Local labor impact of wind energy investment: an analysis of Portuguese municipalities
Hélia Costa, Toulouse School of Economics, Linda Veiga

The economics of renewable energy support and implications for policy design
Jan Abrell, ETH Zürich, Clemens Streitberger, Sebastian Rausch

The effect of intermittency on the integration of wind, natural gas and coal
Aryestis Vlahakis, ETH Zürich

Plenary presentation: Energy efficiency

Energy efficiency and energy demand flexibility
Andreas Löschel, University of Münster

Session 9: Energy and carbon taxation

Waste is money: behavioral changes in waste generation behavior when households pay-as-they throw
Marica Valente, Humboldt University Berlin and DIW Berlin

The impacts of energy prices on industrial foreign investment location: evidence from global firm level data
Aurélien Saussay, OFCE, SciencesPo, Misato Sato

The impact of energy prices on employment and environmental performance: evidence from French manufacturing establishments
Francesco Vona, OFCE, SciencePo

Session 10: Renewables

On the economics of recycling and small open circular economies
Juan F. García, KU Leuven, Sandra Rousseau, Johan Eyckmans

Energy transition, technology spillovers and policies (PAPER)
Chiara Colesanti Senni, ETH Zürich, Adriana Marcucci

How much does policy stability matter for policy effectiveness? An econometric study of feed-in tariff policies and solar PV deployment in 15 countries from 2000-2012
Mook Bangalore, London School of Economics




Speakers bios 

climate annual conference 2017

Lucas Bretschger is Full Professor of Economics/Resource Economics at ETH Zurich and President of the European Association of Environmental and Resource Economists (EAERE). His main research interests are the theory and policy of natural resources and the environment as well as growth, trade, climate, and public economics. He is a Research Associate at the University of Oxford and holds the title of Professor at the University of Zurich. He has been a consultant to the Swiss government on climate issues, a member of the Swiss delegation at international climate negotiations, and the founder of the SURED Conference on Monte Verità, which brings together leading experts on sustainable resource use and economic dynamics.


Climate annual conference 2017Antoine Dechezleprêtre is a Senior Economist at the OECD where he heads the joint Green Growth work stream of the Economics Department and the Environment Directorate. He is currently on leave from the London School of Economics, where he is an Associate Professorial Research Fellow at the Grantham Research Institute on Climate Change and the Environment. His work deals principally with the impact of environmental policies on businesses, in particular on the development and adoption of cleaner technologies. His research has been published in international scientific journals in the field of applied microeconomics, environmental economics and energy economics. He holds a PhD in economics from Ecole des Mines de Paris (France).


Fischer climate conference 2017Carolyn Fischer is a Senior Fellow at Resources for the Future and the Marks Visiting Professor of Gothenburg University for 2017-2018. She is a Fellow of the CESifo Research Network, a recent Marie Skłodowska–Curie Fellow of the European Commission, and now a Council Member for the European Association of Environmental and Resource Economists. She is co-editor of Environmental and Resource Economics and serves on the editorial board of the Review of Environmental Economics and Policy and the International Review of Environmental and Resource Economics. She earned her Ph.D. in Economics from the University of Michigan—Ann Arbor in 1997.

Her research focuses on policy instrument design applied to a variety of environmental and resource management issues, including climate and renewable energy policies, carbon leakage, technological innovation, eco-certification, and wildlife conservation.

Climate annual conf 2017

Cameron Hepburn is the Director of the Economics of Sustainability Programme, based at the Institute for New Economic Thinking at the Oxford Martin School. He is also Professor of Environmental Economics at the Smith School of Enterprise and the Environment, a Fellow at New College, Oxford, and a Professorial Research Fellow at the Grantham Research Institute at the LSE. He has published widely on energy, resources and environmental challenges across disciplines including engineering, biology, philosophy, economics, public policy and law, drawing on degrees in law, engineering and doctorate in economics.  He provides advice on energy and climate policy to government ministers (e.g. China, India, UK and Australia) and international institutions (e.g. OECD, UN) around the world.


Climate annual conference 2017Professor Andreas Löschel holds a chair for Energy and Resource Economics at the University of Münster and is Director of the Centre of Applied Economic Research Münster (CAWM) since 2014. He chairs the Energy Expert Commission of the German Government to monitor the energy transformation and was a Lead Author in the Working Group III contribution to the IPCC Fifth Assessment Report. The Handelsblatt ranking of German economists lists him among the Top-100 in 2017. In the Ranking of Economists of the Frankfurter Allgemeine Zeitung (F.A.Z.), he was several times among the 50 most influential economists in Germany. He is a member of the German National Academy of Science and Technology (acatech).




Past annual conferences  

FSR Climate Annual Conference 2016

FSR Climate Annual Conference 2015

Monique Cavallari
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