The objective of this paper is to critically assess the use of simple rules for the social cost of carbon (SCC) that employ a rudimentary form of the Ramsey Rule. Two interrelated caveats apply. First, if climate change poses a serious problem, it is hard to justify an exogenous constant growth...

This paper discusses the scope for market mechanisms, already established for greenhouse gas mitigation in Annex 1 countries that ratified the Kyoto Protocol, for implementing "net mitigation," defined here as mitigation beyond Annex 1 countries' formal mitigation requirements under the Kyoto...

A spatial econometric model is used to link road upgrading to forest clearing and biodiversity loss in the moist tropical forests of Bolivia, Cameroon, and Myanmar. Using 250-meter cells, the model estimates the relationship between the rate of forest clearing in a cell and its distance to the...