The overlapping impact of the Emission Trading System (ETS) and renewable energy (RE) deployment targets creates a classic case of interaction effects. Whereas the price interaction is widely recognized and has been thoroughly discussed, the effect of an overlapping instrument on the abatement...

Ground-level ozone is a continuing problem worldwide, but research on the influences of ozone pollution on labour productivity in developing countries is insufficient. We investigate the effect of ozone pollution on outdoor worker productivity in the service sector using a unique panel dataset...

La cuantificación de los beneficios de cualquier política dirigida a reducir la contaminación puede hacerse de distintas maneras. Una de ellas es a través de métodos indirectos, uno de los cuales es el de la valuación hedónica. La idea básica es que en el precio de los inmuebles se...

Migration and pollution are two defining features of China's impressive growth perfor- mance over the last 30 years. In this paper we study the migration response to pollution in Chinese cities, and its consequences for productivity and welfare. We document a robust pattern in which skilled...

The developing economies of Asia are confronted by serious environmental problems that threaten to undermine future growth, food security, and regional stability. This study considers four major environmental challenges that policymakers across developing Asia will need to address towards 2030:...

We develop and discuss the three pathways to European Greenhouse Gas Emissions Trading: a top-down scheme based on the Kyoto Protocol of the UNFCCC, a bottom-up scheme linking national trading systems of EU Member States, and an EU-wide regional scheme based on the founding principles of the...

This paper studies the impact of cross-border Mergers and Acquisitions (M&As) on Carbon Dioxide emissions. Carbon Dioxide is the main anthropogenic greenhouse gas. A global problem that requires a multilateral solution. To take this into account we introduce an institutional variable, which...

The focus of the green paradox literature has been either on demand-side climate policies or on effects of technological changes. The present paper addresses the question of whether there also might be some kind of green paradox related to supply-side policies, i.e. policies that permanently...

Die energiebedingten CO2-Emissionen in Deutschland entwickelten sich im vergangenen Jahr etwa parallel zum Primärenergieverbrauch; im Vergleich zum Jahr 2000 waren sie um 1,6 % höher. Maßgeblich für diesen Anstieg war die wesentlich kühlere Witterung; ohne den Temperatureinfluss errechnet...