Kai Lessmann

Potsdam-Institut für Klimafolgenforschung (PIK)

SCHOLARLY PAPERS

23

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76

CROSSREF CITATIONS

23

Scholarly Papers (23)

1.

Central Bank Collateral as an Instrument for Climate Mitigation

Number of pages: 34 Posted: 13 Jul 2020
Andrew McConnell, Boyan Yanovski and Kai Lessmann
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam Institute for Climate Impact Research and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 529 (104,944)
Citation 1

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Green Monetary Policy, Collateral Haircuts, Central Bank, Climate Mitigation

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3.

Pigou's Advice and Sisyphus’ Warning: Carbon Pricing with Non-Permanent Carbon-Dioxide Removal

CESifo Working Paper No. 10169
Number of pages: 61 Posted: 03 Jan 2023
Mercator Research Institute on Global Commons and Climate Change (MCC), Potsdam-Institut für Klimafolgenforschung (PIK), Mercator Research Institute on Global Commons and Climate Change (MCC), Potsdam-Institut für Klimafolgenforschung (PIK) and Potsdam Institute for Climate Impact Research (PIK)
Downloads 421 (137,844)

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carbon dioxide removal, carbon capture, social cost of carbon, climate policy, impermanence

4.

Renewable Energy Subsidies: Second-Best Policy or Fatal Aberration for Mitigation?

FEEM Working Paper No. 48.2011
Number of pages: 32 Posted: 27 Jun 2011
University of Bonn - Center for Development Research (ZEF), Potsdam Institute for Climate Impact Research (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 320 (186,611)
Citation 15

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Feed-in-Tariff, Carbon Trust, Carbon Pricing, Supply-Side Dynamics, Green Paradox, Climate Policy

Climate Finance Intermediation: Interest Spread Effects in a Climate Policy Model

CESifo Working Paper No. 8380
Number of pages: 38 Posted: 25 Jun 2020
Kai Lessmann and Matthias Kalkuhl
Potsdam-Institut für Klimafolgenforschung (PIK) and Mercator Research Institute on Global Commons and Climate Change (MCC)
Downloads 144 (395,661)

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financial friction, banking, greenhouse gas mitigation

Climate Finance Intermediation: Interest Spread Effects in a Climate Policy Model

Number of pages: 37 Posted: 27 May 2020
Kai Lessmann and Matthias Kalkuhl
Potsdam-Institut für Klimafolgenforschung (PIK) and Mercator Research Institute on Global Commons and Climate Change (MCC)
Downloads 143 (397,947)
Citation 1

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financial friction, banking, greenhouse gas mitigation

6.

Asset Pricing and the Carbon Beta of Externalities

CESifo Working Paper No. 9269
Number of pages: 46 Posted: 31 Aug 2021
Ottmar Edenhofer, Kai Lessmann and Ibrahim Tahri
Potsdam Institute for Climate Impact Research (PIK), Potsdam-Institut für Klimafolgenforschung (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 202 (294,688)

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7.
Downloads 199 (298,671)

Financing the Fossil Fuel Phase-Out

Number of pages: 46 Posted: 16 Aug 2021 Last Revised: 17 Aug 2021
Boyan Yanovski and Kai Lessmann
Potsdam Institute for Climate Impact Research and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 148 (387,050)
Citation 1

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endogenous elasticity of substitution, fossil fuel phase-out, climate policy, capital structure, economies of scale, performance-based lending, financial instability

Financing the Fossil Fuel Phase-Out

Number of pages: 62 Posted: 09 Nov 2022
Boyan Yanovski and Kai Lessmann
Potsdam Institute for Climate Impact Research and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 51 (762,957)

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endogenous elasticity of substitution, fossil fuel phase-out, Climate Policy, capital structure, economies of scale, performance-based lending, financial instability

8.

Mitigation Strategies and Costs of Climate Protection: The Effects of Etc in the Hybrid Model Mind

FEEM Working Paper No. 150.05
Number of pages: 27 Posted: 03 Jan 2006
Ottmar Edenhofer, Kai Lessmann and Nico Bauer
Potsdam Institute for Climate Impact Research (PIK), Potsdam-Institut für Klimafolgenforschung (PIK) and Paul Scherrer Institute (PSI)
Downloads 197 (301,467)
Citation 3

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Endogenous technological change, Climate change mitigation costs, Integrated assessment, Growth model, Energy sector, Integrated assessment

9.

Hedging and temporal permit issuances in cap-and-trade programs: the Market Stability Reserve under risk aversion

Number of pages: 56 Posted: 17 Aug 2019 Last Revised: 03 Dec 2020
Oliver Tietjen, Kai Lessmann and Michael Pahle
Potsdam Institute for Climate Impact Research (PIK), Potsdam-Institut für Klimafolgenforschung (PIK) and Potsdam Institute for Climate Impact Research (PIK)
Downloads 170 (344,200)
Citation 12

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cap-and-trade, emission trading system, risk aversion, hedging, EU ETS, Market Stability Reserve

10.

The Link between Short-Termism and Risk: Barriers to Investment in Long-Term Projects

Number of pages: 51 Posted: 01 Apr 2020 Last Revised: 25 Nov 2020
Boyan Yanovski, Kai Lessmann and Ibrahim Tahri
Potsdam Institute for Climate Impact Research, Potsdam-Institut für Klimafolgenforschung (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 168 (347,705)
Citation 2

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short-termism, discounting, systematic risk, decreasing absolute risk-aversion, long-term projects, illiquid assets, optimal portfolio

11.

The Role of Carbon Capture and Sequestration Policies for Climate Change Mitigation

CESifo Working Paper Series No. 3834
Number of pages: 32 Posted: 15 Jun 2012
University of Bonn - Center for Development Research (ZEF), Potsdam Institute for Climate Impact Research (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 157 (368,208)
Citation 4

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renewable energy subsidy, supply-side dynamics, green paradox, carbon pricing, global warming, CCS

12.

Financing the low-carbon transition: The impact of financial frictions on clean investment

Number of pages: 56 Posted: 09 Feb 2022
Hendrik Schuldt and Kai Lessmann
Potsdam Institute for Climate Impact Research and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 153 (376,238)

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climate policy, financial frictions, DSGE, low-carbon, transition

13.

Share Repurchase under Diverging Beliefs about Carbon Risk

Number of pages: 41 Posted: 15 Jul 2020
Emilie Rosenlund Soysal and Kai Lessmann
Potsdam Institute of Climate Impact Research (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 153 (376,238)

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buyback; stranded assets; portfolio optimization; false expectations

14.

Learning or Lock-In: Optimal Technology Policies to Support Mitigation

CESifo Working Paper Series No. 3422
Number of pages: 29 Posted: 27 Apr 2011
University of Bonn - Center for Development Research (ZEF), Potsdam Institute for Climate Impact Research (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 140 (404,133)
Citation 12

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renewable energy subsidy, renewable portfolio standard, feed-in-tariffs, carbon pricing

15.

Why Finance Ministers Favor Carbon Taxes, Even If They Do Not Take Climate Change into Account

Number of pages: 52 Posted: 28 Apr 2015
Max Franks, Ottmar Edenhofer and Kai Lessmann
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam Institute for Climate Impact Research (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 125 (441,273)
Citation 10

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Carbon pricing, Green paradox, Infrastructure, Optimal taxation, Strategic instrument choice, Supply-side dynamics, Tax competition

16.

Technology Beats Capital - Sharing the Carbon Price Burden in Federal Europe

Number of pages: 44 Posted: 06 Mar 2020
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam Institute for Climate Impact Research (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 119 (457,997)

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Emission Regulation, Federalism, Unanimity, Transfers, Pareto-improving policy, European Union

17.

The Stability and Effectiveness of Climate Coalitions: A Comparative Analysis of Multiple Integrated Assessment Models

FEEM Working Paper 5.2014, CMCC Research Paper No. RP0229
Number of pages: 2 Posted: 07 Feb 2014 Last Revised: 27 Jul 2017
Potsdam-Institut für Klimafolgenforschung (PIK), University of Kiel, Bocconi University, Wageningen University and Research (WUR) - Environmental Economics and Natural Resources GroupOrganization for Economic Co-Operation and Development (OECD), Wageningen University and Research (WUR) - School of Social Sciences, CMCC - Centro Euro-Mediterraneo sui Cambiamenti Climatici - European Institute onEconomy and the Environment (EIEE), Catholic University of Leuven (KUL) - Center for Economic Studies, Wageningen University and State University of New York at Binghamton
Downloads 102 (512,927)
Citation 4

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Coalition Stability, International Environmental Agreements, Numerical modeling, Transfers

18.

Infrastructure and Inequality: Insights from Incorporating Key Economic Facts About Household Heterogeneity

CESifo Working Paper Series No. 4972
Number of pages: 30 Posted: 07 Oct 2014
European Commission-Joint Research Centre, Technische Universität Berlin (TU Berlin), Potsdam Institute for Climate Impact Research (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 85 (576,045)

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19.

Green Investors and the Return on Capital in General Equilibrium

Number of pages: 15 Posted: 18 Feb 2024 Last Revised: 14 Oct 2024
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam-Institut für Klimafolgenforschung (PIK) and Tilburg University - Department of Econometrics & Operations Research
Downloads 81 (592,874)

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Carbon Abatement, Environmental Economics, ESG Investing, OLG Model

20.

Tax Competition With Asymmetric Endowments in Fossil Resources

Number of pages: 46 Posted: 03 Jun 2020
Max Franks and Kai Lessmann
Potsdam-Institut für Klimafolgenforschung (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)
Downloads 72 (632,919)

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Tax Competition, Capital Mobility, Strategic Instrument Choice, Carbon Pricing, Capital Tax

21.

Emissions Trading with Clean-Up Certificates: Deterring Mitigation or Increasing Ambition?

CESifo Working Paper No. 11167
Number of pages: 37 Posted: 25 Jun 2024
Potsdam-Institut für Klimafolgenforschung (PIK), Mercator Research Institute on Global Commons and Climate Change (MCC), Mercator Research Institute on Global Commons and Climate Change (MCC) and Potsdam Institute for Climate Impact Research (PIK)
Downloads 65 (667,254)

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22.

Pigou's Advice and Sisyphus’Warning: Carbon Pricing Withnon-Permanent Carbon Dioxide Removal

Number of pages: 34 Posted: 15 May 2024
Potsdam-Institut für Klimafolgenforschung (PIK), Mercator Research Institute on Global Commons and Climate Change (MCC), Mercator Research Institute on Global Commons and Climate Change (MCC), Potsdam-Institut für Klimafolgenforschung (PIK) and Potsdam Institute for Climate Impact Research (PIK)
Downloads 46 (778,543)

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Carbon Dioxide Removal · Carbon Capture · Social Cost of Carbon · Climate Policy ·Impermanence.

23.

Self-Enforcing Strategies to Deter Free-Riding in the Climate Change Mitigation Game and Other Repeated Public Good Games

Proceedings of the National Academy of Sciences of the USA, Vol. 108, pp. 15739-15744, 2011
Posted: 21 Sep 2011
Jobst Heitzig, Kai Lessmann and Yong Zou
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam-Institut für Klimafolgenforschung (PIK) and Potsdam-Institut für Klimafolgenforschung (PIK)

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global warming, international climate agreement, renegotiation proofness