The paper applies the synthetic control method to examine the effects of California's Capand-Trade Program on environmental innovation. The analysis exploits the International Patent Classification system to identify patents relating to environmentally sound technologies. This enables the study...

Manfred Kemper: Das Umweltproblem in der Marktwirtschaft. Wirtschaftstheoretische Grundlagen und vergleichende Analyse umweltpolitischer Instrumente in der Luftreinhalte- und Gewässerschutzpolitik. Verlag Duncker & Humblot, Berlin 1989, 354 Seiten, 78 DM

China had been singled out by Western politicians and media for dragging its feet on international climate negotiations at Copenhagen, the accusations previously always targeted on the U.S. To put such a criticism into perspective, this paper provides some reflections on China's stance and...