This note considers the treatment of risk and uncertainty in the recently established ‘social cost of carbon’ (SCC) for analysis of federal regulations in the United … read more »
The Clean Development Mechanism (CDM) provides some basic safeguards to ensure that HFC-23 reductions are additional, primarily aimed at establishing a realistic baseline scenario for HFC-23 … read more »
International carbon markets have grown quickly in recent years, but have also experienced serious problems and faced harsh criticism. This paper looks at the history of … read more »
Current projections of long-term trends in Atlantic hurricane activity due to climate change are deeply uncertain, both in magnitude and sign. This creates challenges for adaptation … read more »
The series of devastating natural disasters around the world during the past few years has raised questions as to the role of the public and private … read more »
Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan and New Zealand, among others, as well … read more »
Schelling (1995) stressed the importance of correctly disaggregating the impacts of climate change to understand how individual interests differ across space and time. This paper considers … read more »
This paper analyses the dynamic incentives for technology adoption under a transferable permits system, which allows for strategic trading on the permit market. Initially, firms can … read more »
This paper examines the relative influence of domestic and foreign renewable energy policies on innovation activity in wind power, using patent data from OECD countries from … read more »
Two simple examples are constructed that help to clarify the role of a key assumption in the analysis of price or quantity controls of greenhouse gases … read more »
