Given the bleak prospects for a global agreement on coordinated policies to mitigate climate change, political pressure is increasing among industrialized countries for unilateral abatement. A major challenge thereby is the appropriate response to the threat of emissions leakage. Border carbon...

We consider a duopolistic industry in which pollution is a by-product of production and firms are given emission permits that they can trade. The common wisdom is that allowing for trade in emission permits promotes efficiency. We demonstrate that this common wisdom cannot automatically be...

Carbon terrestrial sinks are seen as a low-cost alternative to fuel switching and reduced fossil fuel use for lowering atmospheric CO₂. In this study, we review issues related to the use of terrestrial forestry activities to create CO₂ offset credits. To gain a deeper understanding of the...

The concept of an environmental management system evolved in the early nineties. An environmental management system exists to help organizations minimize how their operations (processes etc.) negatively affect the environment (i.e. cause adverse changes to air, water, or land), comply with...

This CCEA project for the state's Department of Energy and Environmental Protection (DEEP) details how outdoor activities on state lands have an economic impact of more than $1 billion a year, from expenditures by residents and visitors on a variety of outdoor activities including camping,...

Environmental regulation and competitiveness are issues that seem to be at odds. However, the `Porter Hypothesis' states that firms can actually gain in competitiveness if they are subject to stricter environmental regulation. We show in a simple model the basic setting of the problem to apply...

The large variation in revenues among Norwegian local governments can partly be explained by revenues collected from hydropower production. This revenue variation, combined with good data availability, can be used to extend the literature on the re- source curse in two directions. First, to...

This paper explores the comparative effects of automotive fuel economy standards and taxation on the levels of average fuel efficiency, air quality, and welfare. Theoretical and applied analyses reveal that fuel economy standards can substantially improve average fuel efficiency without having...

The scarcity of water resources in both arid and temperate countries alike is one of the most pervasive natural resource allocation problems facing water users and policy makers. In the EU this has been recognised in the recent work on the Water Framework Directive. In arid countries this...