Kai Lessmann

Potsdam Institute of Climate Impact Research

SCHOLARLY PAPERS

20

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Top 15,967

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53

CROSSREF CITATIONS

23

Scholarly Papers (20)

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 Institute of Climate Impact Research
Downloads 433 (108,605)
Citation 1

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

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3.

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 Institute of Climate Impact Research
Downloads 266 (184,369)
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

Number of pages: 37 Posted: 27 May 2020
Kai Lessmann and Matthias Kalkuhl
Potsdam Institute of Climate Impact Research and Mercator Research Institute on Global Commons and Climate Change (MCC)
Downloads 109 (397,359)
Citation 1

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financial friction, banking, greenhouse gas mitigation

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 Institute of Climate Impact Research and Mercator Research Institute on Global Commons and Climate Change (MCC)
Downloads 80 (487,593)

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financial friction, banking, greenhouse gas mitigation

5.

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 Institute of Climate Impact Research and Paul Scherrer Institute (PSI)
Downloads 170 (279,745)
Citation 3

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

6.

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 Institute of Climate Impact Research and Potsdam Institute for Climate Impact Research (PIK)
Downloads 140 (328,226)

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

7.

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 Institute of Climate Impact Research and Potsdam Institute of Climate Impact Research
Downloads 140 (328,226)

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8.

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 Institute of Climate Impact Research and Potsdam Institute for Climate Impact Research (PIK)
Downloads 131 (345,581)
Citation 3

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

9.

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 Institute of Climate Impact Research
Downloads 118 (373,326)
Citation 4

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

10.

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 Institute of Climate Impact Research
Downloads 111 (390,074)
Citation 12

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

11.

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 Institute of Climate Impact Research
Downloads 107 (400,304)

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buyback; stranded assets; portfolio optimization; false expectations

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 Institute of Climate Impact Research
Downloads 106 (402,924)

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

13.

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 Institute of Climate Impact Research
Downloads 94 (437,092)
Citation 9

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

14.

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 Institute of Climate Impact Research and Potsdam Institute of Climate Impact Research
Downloads 93 (440,034)
Citation 1

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

15.
Downloads 88 (455,565)

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 Institute of Climate Impact Research
Downloads 80 (487,593)

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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 Institute of Climate Impact Research
Downloads 8 (955,800)

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

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 Institute of Climate Impact Research
Downloads 85 (465,299)

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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 Institute of Climate Impact Research, 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 66 (536,508)
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 Institute of Climate Impact Research
Downloads 55 (586,506)

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19.

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 Institute of Climate Impact Research
Downloads 49 (617,183)

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

20.

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 Institute of Climate Impact Research and Potsdam-Institut für Klimafolgenforschung (PIK)

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global warming, international climate agreement, renegotiation proofness