The European Union faces several interlinked challenges: how to protect the environment and enhance sustainability; how to reduce unemployment and enhance competitiveness in the context of growing globalization; how to reduce regional disparities among and within member countries. The recent...

The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduces the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...