The cleaning up costs after closure of chemical or nuclear plants are large. They have to be taken into account in the production costs and in the pricing of the corporate, owner of such plants. Moreover, it is necessary to create a reserve account to cover these future large and long term...

Purpose – To construct an index (index of environmental sensitivity performance) to be used in a cross-country trade model in order to analyze the effect of various degrees of environmental stringency on the trade patterns, and especially on the export performance of the countries....

Curbing (without banning) potentially environmentally-damaging activities that have global, rather than local, effects raises challenges analogous to those faced by a community lacking legislative powers that has to restrict access to a common pasture in order to make its use sustainable. A...

This paper examines economic aspects of the Kyoto protocol on climate change, focusing on the protocol’s longer-term impact and possible global evolution. Specifically, the analysis considers the economics of likely technological responses to the protocol and the implication of international...

Environmental protection by both private and puplic organizations has become a major stake for the various actors of society. However, this problem sets up technical difficulties at various levels. In particular, how much does the protection of the environment cost and how are driven related...