’ energy and climate policy. Japan is one of the biggest emitters of greenhouses gases in the world and still far away from …

This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic … economically efficient and, at the same time, climate friendly, energy mix. Economic costs and environmental objectives are … balanced to identify the welfare-maximising development path, the related investment strategies in the energy sector, and the …

internalize consumption externalities. It is demonstrated that the optimal second-best tax on an externality-generating good …

We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …

externalities associated with energy use—global warming, local air pollution, and various side effects (e.g., congestion) from motor … vehicles. Techniques for (roughly) estimating the magnitude of these externalities, and corrective energy taxes, on a country …-by-country basis are then described. The implications for reforming energy taxes, and the potential environmental, health, and fiscal …