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In October 2003, a new flight regime was introduced at Zurich airport that significantly changed the levels of noise pollution in surrounding communities. We investigate the impact of the new flight policy on apartment prices using a hedonic price model and a non-linear difference-in-differences...
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The COP-21 meeting in Paris produced an important result. For the first time all countries developed and developing agreed to take some mitigation action. However even if all countries deliver on what they have promised by 2030 and progress thereafter continues only at the same rate global...
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”—which has a strikingly small impact on total world cost of carbon regulations if international trade in emission credits allows … implement credible international regulations and thus agents are unable to be so forward-looking as assumed in ideal-world …Modellers have examined a wide array of ideal-world scenarios for regulation of greenhouse gases. In this ideal world …
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greenhouse gases throughout the industrialized world, and the Clean Development Mechanism' an international emission … various types of linkages, and analyze the near-term and long-term role that linkage may play in a future international …
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The empirical finding of an inverse U-shaped relationship between per capita income and pollution, the so-called Environmental Kuznets Curve (EKC), suggests that as countries experience economic growth, environmental deterioration decelerates and thus becomes less of an issue. Focusing on the...
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