Transport under Emission Trading A Computable General Equilibrium Assessment Dissertation Zur Erlangung des akademischen Grades Doctor rerum politicarum (Dr. rer. pol.) vorgelegt an der Fakultät Wirtschaftswissenschaften der Technischen Universität Dresden im November 2009 von Dipl.-Vw. Jan Abrell (geboren am 8. Juli 1977 in Mannheim) verteidigt am 12. Juli 2010 Betreuender Hochschullehrer (1 Gutachter): 2. Gutachter: Prof. Dr. Christian von Hirschhausen Prof. Dr. Georg Hirte Technische Universität Dresden Technische Universität Dresden Lehrstuhl für Energiewirtschaft Professur Makroökonomik und Raum-wirtschaftslehre/Regionalwissenschaften Abstract This thesis analysis the impact of private road transport under emission trading using two different Computable General Equilibrium models. A static multi-region model with special emphasis on the European Union, addresses the welfare impact of road transport under the European Emission Trading System. Including terms-of-trade effects, this model does not account for congestion which is the main externality of road transport. Furthermore, technological details of electricity generation which are an important factor in evaluating climate policies are not included. Therefore, the second model is a static Small Open Economy model of the German economy including congestion effects and detailed technological characteristics of electricity generation.