Recently the topic of global warming has become very popular. The literature has concentrated its attention on the evidence of such effect, either by detecting regime shifts or change points in time series. The majority of these methods are designed to find shifts in mean, but only few can do...

Die Ergebnisse des Klimagipfels in Durban reproduzierten nur die strukturellen Widersprüche von Global Governance. Ohne grundlegende Reform des UN-Systems und der Anerkennung des Global Public Goods-Ansatzes bleiben die Klimaverhandlungen wirkungslose, unverbindliche technische Gipfeltreffen.

We estimate the growth rate of the social cost of carbon. This is an indication of the optimal rate of acceleration of greenhouse gas emission reduction policy over time. We find that the social cost of carbon increases by 1.3% to 3.9% per year, with a central estimate of 2.2%. Previous studies...