Output and Abatement Effects of Allocation Readjustment in Permit Trade

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

Climate Change

Climate change impacts on Namibia’s natural resources and economy

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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 flood damage. However, these predictions have had very little influence on policy in southern African countries.

Climate Change

An even Sterner Review, Introducing Relative Prices into the Discounting Debate

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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 been a gradual but uneven increase in the perceived gravity of anthropogenic climate change, both among scientists and, with some time lag, the general public.

Climate Change

Environmental Policy and Mill Level Efficiency

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EfD Authors:

Understanding relationship between environmental protection and economic development is crucial to form practical environmental policy. At micro level, implementation of environmental regulations often causes production mills adjustment of technology which might leads to change of productive efficiency and cost, which, in turn, determine effort level of mills and even local government in pollution control.

Forestry

Political and Economic Freedom and the Environment: The Case of CO2 Emissions

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In this paper we investigate what effect political and economic freedom has on emissions of CO2. The estimated models predict that CO2 is always increasing in GDP even at high level of GDP, which confirms the results of earlier studies.