We describe a "business as usual" (BAU) economy in which pollution is a by-product of productive activity by the … pollution abatement and finances it via distorting taxes and borrowing on perfect international markets. Pollution levels start … pay off the debt, that too, in finite time. Along the transition, every generation faces less pollution, consumes more and …

We study optimal pollution abatement under a mixed oligopoly game when firms engage in emissions-reducing R&D that is … certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …

We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in …. -- environmental pollution ; optimal management ; catastrophic transitions ; uncertainty ; adaptation ; mitigation …

We construct a two-country model where pollution from production is transmitted across borders. Pollution abatement is …

regulated due to its historically large contribution to air and water pollution. Our paper contributes to the broader empirical … and enforcement. Our key findings are: (1) prudential regulation limits expansion of plants with high initial pollution …

The paper studies the effect of public transport policies on urban pollution. It uses a quantitative equilibrium model … with residential choice and mode choice. Pollution comes from commuting and residential energy use. The model parameters … transport coupled with increasing transit speed affects the equilibrium. In the baseline simulation, total pollution falls by 0 …