The New Zealand Emissions Trading Scheme (NZ ETS) is an intensity-based system and the second oldest national ETS. It is unique in that it is highly international (with unlimited use of Kyoto allowances) and it incorporates forestry. We provide the first empirical analysis of the determinants of...

China’s capital-intensive, export-oriented, spectacular economic growth since launching its open-door policy and economic reforms in late 1978 not only has created jobs and has lifted millions of the Chinese people out of poverty, but also has given rise to unprecedented environmental...

Ground-level ozone has been shown to have significant negative health externalities from short-term exposure, and as such has been regulated by the U.S. Clean Air Act since the 1970s. Ozone is not emitted directly; instead formation occurs due to a complex Leontief-like combination of air...

To achieve the commitments to both carbon peaking and carbon neutrality, China should focus on those policies of significant impact on emissions reduction at the lowest cost. Launching the national carbon market with the power generation sector is a good start point in this direction. Since its...

Agricultural producers make investment decisions based on beliefs about future returns. This article investigates how changes in beliefs about input availability affects the adoption of conservation practices. We develop a theoretical model to examine how a producer's beliefs about water...

Angesichts der voranschreitenden Liberalisierungsbestrebungen und einer zunehmenden Internationalisierung der Wasserwirtschaft stellt sich die Frage, wie sich eine Änderung des Ordnungsrahmens in Deutschland auf die Marktstruktur und die Angebotsbedingungen auswirken würde. Die...

Ergänzend zu dem im ifo Schnelldienst 14/2001 diskutierten Thema "Liberalisierung der Wasserversorgung - soll das letzte Versorgungsmonopol in Deutschland fallen?" stellt Dr. Alfred Tacke, Staatssekretär im Bundesministerium für Wirtschaft und Technologie, den Standpunkt der Bundesregierung...

Bereits 1999 startete das Bundeswirtschaftsministerium die Diskussion um eine Liberalisierung der Wasserversorgung in Deutschland, und mittlerweile verkaufen immer mehr Kommunen Anteile an den in ihrem Eigentum befindlichen Wasserversorgungsunternehmen an private Investoren. Für eine...

Global climate change is already impacting water resources and, in many areas, reducing the amount of water available for drinking, sanitation, and agriculture. Water conservation can be a means to mitigate the economic damages associated with water scarcity, including scarcity arising from...

New technologies allow perfect detection of environmental violations at near-zero marginal cost, but take-up is low. We conducted a field experiment to evaluate enforcement of water conservation rules with smart meters in Fresno, CA. Households were randomly assigned combinations of enforcement...