Our future lies not in the stars, but in our models.(W. Nordhaus)
At the department of environmental economics, we analyze the aims and instruments of environmental actions, as well as their representation in economic and ecological models.
The department’s current research topics include:
- Long-term impact of greenhouse gas emission rights trading on technological development and resources use for national economies
- Optimizing market size for emission rights,
- Defining and analyzing of sustainability, even if the consequences of today’s actions are not fully predictable,
- Distributional effects of environmental policy, in particular, methods for integrating these effects in the assessment of political measures.
Both the department of environmental economics’ current and completed research projects can be found here.