Most of the international environmental agreements that have been signed in the past to resolve transboundary pollution problems appear constrained in the sense that either monetary transfers accompany uniform abatement standards (agreements based on a uniform standard with monetary transfers),...

In the immediate aftermath of the March 2011 TEPCO Fukushima Daiichi nuclear power plant accident, the German federal government decided to temporarily halt the operation of the country’s eight oldest energy-producing nuclear reactors. This was accompanied by a cabinet proposal to phase out...

We investigate the relative efficiency of an agreement based on a uniform standard without transfers and one based on differentiated standards with transfers when strictly identical countries deal with transboundary pollution. We especially ask what role fixed cost plays. Two approaches are...

The conservation or sustainable use of biological diversity presents special challenges for policy-makers because of its complex nature and the difficulties associated with identifying the underlying causes that lead to biodiversity loss. As such, it is often necessary that a range of incentive...

Les mécanismes du marché ne pourront résoudre qu'une part du défi climatique : la taxe carbone s'avère nécessaire pour impliquer tous les émetteurs, petits et grands. Comment voyez-vous le marché global du carbone évoluer dans les années à venir ? Il va certainement bien se...