Economic research on climate change has been crucial in advancing our understanding of the consequences associated with global warming as…
The 1992 United Nations Framework Convention on Climate Change (UNFCCC) launched a process to confront risks posed by global climate change…
The sulphur dioxide (SO2) allowance-trading programme established under Title IV of the 1990 Clean Air Act Amendments (CAAA) was the world’…
Two decades have passed since the Clean Air Act Amendments of 1990 launched a grand
experiment in market-based environmental policy: the…
An implication of the Coase theorem is that under certain conditions, the market equilibrium in a cap-and-trade system will be cost-…
The introduction of the US. SO2 allowance-trading program to address the threat of acid rain as part of the Clean Air Act Amendments of…
Because of the global commons nature of climate change, international cooperation among nations will likely be necessary for meaningful…
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move…