Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of...

As the worlds largest economy, the United States is also the largest consumer of fossil energy sources and the largest per capita emitter of greenhouse gases. Although the climate and energy policies adopted over the past decade have been insufficient to reverse continued emissions growth, a...

On 1 January 2005, the EU Emission Trading Scheme (EU ETS) commenced. The legislation behind the scheme is the European Commission’s Directive 2003/87/EC, within which Article 30 requires a review report of the EU ETS should be submitted to the European Parliament and the Council. In response...

This report provides an overview of the development of the negotiations within the UNFCCC since COP 17 in Durban. It summarises the key developments in 2011 and provides short overviews for all negotiation areas. The overview also includes a state of play of the Cancún Agreement and explains...

This report provides an overview of the development of the negotiations within the UNFCCC since COP 18 in Doha. It summarises the key developments in 2013 and provides short overviews for all negotiation areas. The overview also includes a state of play of the Doha Climate Gateway and explains...