Drawing from a broad range of sources, we define and discuss the two primary ways of contemplating issues related to environmental economics, namely, interventionism and libertarianism. We then interpret a cellular automaton as a model that allows for either approach, as well as anarchy, and...

Tradable Permits – a Market-Based Allocation System for the Environment. Tradable Permits and Other Environmental Policy Instruments – Killing one Bird with two Stones. Tradable Permits – Ten Key Design Issues. Tradable Permits with Imperfect Monitoring. Emissions Trading with Greenhouse...

In the context of technological transitions, the influence of innovative entrants on incumbents is a major driving force. Using worldwide patent data, the present study analyzes this influence for the case of the transition from combustion engine vehicles towards electrically powered alternative...

Das ifo Institut hat im Auftrag des Umweltbundesamts die Teilnehmer am ifo Konjunkturtest nach ihrer Einschätzung einer »grünen Transformation« der Wirtschaft befragt. Eine grüne Wirtschaft erfordert Produkte, Produktionsprozesse und Dienstleistungen, die dazu beitragen, die wirtschaftliche...

This article sets out a view of the purposes and approaches of 'green economics'. It looks particularly at the 'boundary' conventionally drawn around economics, and at the 'inputs' and 'externalities' which cross that boundary, and proposes that these should be the primary focus for work on...

Green Economics positions economics within a very long-term, earth-wide, holistic context of reality as a part of nature. It also incorporates and celebrates 'difference', diversity, equity and inclusiveness within its concepts of society and community. Its philosophy is to manage economics for...

Are efficiency improvements in the use of natural resources the key for sustainable development, are they the solution to environmental problems, or will second round effects –so-called rebound effects- compensate or even overcompensate potential savings, will they fire back? The answer to...

Different approaches to making the economic case for improved management of natural capital in national planning are reviewed in this report. In many low-income countries natural resources sectors (agriculture, mining, forestry, fishery, nature-based tourism) are identified as the engines of...