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Globalization and the environment : risk assessment and the WTO

Kellow, Aynsley John (contributor); … - 2001

One of the unforeseen consequences of the WTO agreements has been controversy over risk. This volume explores aspects … of risk with special reference to the WTO, where national instruments to reduce risk may conflict with international … trade rules. The book is divided into sections dealing with: accounting for risk in trade agreements; risk and the WTO …

Persistent link: https://www.econbiz.de/10011851983

Mining and Quasi-Option Value

Costello, Christopher - 2015

We study the timing-of-extraction problem facing a decentralized mine owner when extraction entails environmental damage. As expected, when the environmental damage from mining is known, the socially optimal timing will depend on the magnitude of the damage relative to these costs in the rest of...

Persistent link: https://www.econbiz.de/10012457342

Output and Attribute-Based Carbon Regulation Under Uncertainty

Kellogg, Ryan - 2019

Output-based carbon regulations--such as fuel economy standards and the rate-based standards in the Clean Power Plan--create well-known incentives to inefficiently increase output. Similar distortions are created by attribute-based regulations. This paper demonstrates that, despite these...

Persistent link: https://www.econbiz.de/10012480118

Dirty Air and Green Investments : The Impact of Pollution Information on Portfolio Allocations

Fisman, Raymond; Ghosh, Pulak; Sarkar, Arkodipta; … - National Bureau of Economic Research - 2023

We study exposure to pollution information and investment portfolio allocations, exploiting the rollout of air quality monitoring stations in India. Using a triple-differences framework, we show that retail investors' investments in "brown" stocks are negatively related to local air pollution...

Persistent link: https://www.econbiz.de/10014421239

Firm-Level Financial Resources and Environmental Spills

Cohn, Jonathan - 2018

important role in their ability to mitigate environmental risk …

Persistent link: https://www.econbiz.de/10012453200

The economics of environmental risk : information, perception and valuation

Smith, Vincent Kerry - 2022

"Featuring real world examples of how risk information affects public choices, The Economics of Environmental Risk … by officials providing information on risk and designing policies for managing them. Further consideration is also given … public policy, risk analysis and environmental and resource economics will value the useful examples found in this …