The Economics of Climate Change: Putting a Price on Carbon Focus on clean energy has intensified amid the threat to the climate from fossil fuels. In this context, Tradable Renewable Energy…

In this paper we study the process of technical change in the case of pollution abatement from large stationary sources that have been regulated by a very forceful refunded emission payment policy…

The Stern Review (2006) has come to symbolize something of a dividing line in the evolution of the common appreciation of the climate problem. It is fair to say that during the last decade there has…

In permit trading systems, free initial allocation is common practice. A recent example is the European Union Greenhouse Gas Emission Trading Scheme (EU-ETS). We investigate effects of different free…

This paper attempts to bring some central insights from behavioural economics into the economics of climate change. In particular, it discusses (i) implications of prospect theory, the equity premium…

Climate change is likely to exacerbate the dry conditions already experienced in southern Africa. When rainfall does come, it is likely to be in bursts of greater intensity, leading to erosion and…

India has been running large-scale interventions in the energy sector over the last decades. Still, there is a dearth of reliable and readily available price and income elasticities of demand to base…

This paper describes an integrated modeling approach to combine a top-down, recursive CGE model with a bottom-up, electricity-sector model to simulate two categories of policies. This paper describes…

Many greenhouse gas mitigation policies that shift fossil fuel use are accompanied by some hidden environmental benefits, so called “co-benefits” or “ancillary benefits.” Since these “co-benefits” are…

This study will review the past studies of the cost of land degradation in Ethiopia, assess the major methodological and conceptual issues and problems existing in the different approaches, compare…