In 2008, New Zealand became the first country to introduce a comprehensive Emissions Trading Scheme that includes all sectors and all gases. While NZ can claim the high ground in the international arena, the emissions trading scheme will impose substantial economic costs and its success will...

Hydro and wind are both commonly deployed renewable sources of electricity. Wind is intermittent and unpredictable to a large degree. Hydro depends on seasonal rainfall patterns, although storage may offer scope to spread the risk associated with dry seasons. We investigate the impact of...

Technological progress plays an important role in combating haze pollution in the long run. However, existing studies often ignore the inconsistent effects on the reduction of haze brought by different types of technological progress. Considering the potential heterogeneity among technological...