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We describe the major features of a post-2012 international global climate policy architecture with three essential elements: a means to…
This Article analyzes the role that linkage between emission trading systems could play in a future international climate policy…
There is a low but uncertain probability that climate change could trigger “mega-catastrophes,” severe and at least partly irreversible…
A standard result in regulation is that efficiency requires that marginal prices be set equal to marginal costs. This paper performs an…
We describe the major features of a post-2012 international global climate policy architecture with three essential elements: a means to…
The United States must change the way it produces and uses energy by shifting away from its dependence on imported oil and coal-fired…
Book abstract: The Harvard Project on International Climate Agreements seeks to identify key design elements of a scientifically sound,…
At the core of the cap-and-trade approach is a new financial market in carbon permits. The economics of a cap mean that permit prices will…
For many years, there have been calls from some quarters for greater reliance on the use of economic analysis in the development and…