Kai Lessmann

Potsdam-Institut für Klimafolgenforschung (PIK)

SCHOLARLY PAPERS

22

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3,832

SSRN CITATIONS
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Top 15,390

in Total Papers Citations

72

CROSSREF CITATIONS

23

Scholarly Papers (22)

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 511 (103,883)
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 338 (166,915)

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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 310 (182,945)
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-Institut für Klimafolgenforschung (PIK) and Mercator Research Institute on Global Commons and Climate Change (MCC)
Downloads 136 (391,184)
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-Institut für Klimafolgenforschung (PIK) and Mercator Research Institute on Global Commons and Climate Change (MCC)
Downloads 133 (398,275)

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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 193 (290,587)

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7.

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 193 (290,587)
Citation 3

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

8.
Downloads 177 (313,726)

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 135 (393,528)

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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 42 (787,783)

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

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 163 (336,966)
Citation 11

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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 154 (353,556)
Citation 1

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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 146 (369,281)
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 141 (379,510)

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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 140 (381,637)

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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 133 (397,309)
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 119 (432,212)
Citation 9

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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 112 (452,230)

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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 97 (500,167)
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 81 (559,558)

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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-Institut für Klimafolgenforschung (PIK)
Downloads 69 (612,239)

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

20.

A Simple OLG Model for Impact Investing

Number of pages: 21 Posted: 18 Feb 2024
Potsdam-Institut für Klimafolgenforschung (PIK), Potsdam-Institut für Klimafolgenforschung (PIK) and Tilburg University - Department of Econometrics & Operations Research
Downloads 49 (721,664)

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Carbon Abatement, Environmental Economics, ESG Investing, OLG Model

21.

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 5 (1,102,713)

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

22.

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