Course Details
Country:
Germany
Institution:
Frankfurt School of Finance & Management
Course Title:
Environmental Economics and Energy Finance
Course Number:
FIN60123_
Course Description:
This course essentially provides two perspectives towards this issue: First, we discuss why markets alone are fundamentally not able to trigger investment in a way that environmental issues are appropriately taken into account. We then analyse policy instruments that can correct these so-called “market failures” and which are frequently applied by governments. The second part of the course will then take the perspective of an investor who is confronted with policy and regulation and often additional investment subsidies specifically directed towards promoting renewable energy. We discuss characteristics that fundamentally distinguish the power and power infrastructure market from the market for many other assets and look at applied examples of instruments of investment support as well as investment cases. Topics include: • Economic fundamentals such as social optimum, public goods, market failure, market based instruments • Primers in (i) climate change & climate policy; (ii) energy markets & energy policy •
Language:
English
Approved Equivalent:
ECON 3--
Attachment Files:
Environmental Economics and Energy Finance.pdf
