The European Commission is facing the challenge and opportunity of implementing the Green Deal while simultaneously initiating the recovery of the economy following the coronavirus crisis. Investments in the basic materials industry's transition to climate neutrality play a central role in this,...

To create a more practical model for comparing the long-run impact of environmental taxes, subsidies and emissions trading on an industry, using partial equilibrium analysis, this papers examines the long-run impact of (1) a CO2 tax, (2) subsidies for CO2 emissions reduction (e.g. favourable tax...

Title IV of the 1990 Clean Air Act Amendments introduced a cap-and-trade system for sulfur dioxide emissions from electric power plants in the United States. This paper analyzes the effects of that regulatory change on the prices charged by the two railroads that hauled low-sulfur coal east from...

Referring to 1995-2011 China's provincial panel data, this paper constructs an econometric model consisting of environmental regulation, public participation and pollution industrial transfer, and mainly focuses on the role of environmental regulation and public participation in the pollution...

This article focuses on legal developments since mid-2011 relating to the control of both carbon dioxide (CO2) and conventional pollutants from coal-fired electric power plants. It deals as briefly as possible with pre-2011 issues that are discussed in the author's numerous publications over the...

During the recent period of economic crisis, many countries have introduced scrappage schemes to boost the sale and production of vehicles, particularly of vehicles designed to pollute less. In this paper, we analyze the impact of a particular scheme in Spain (Plan2000E) on vehicle prices and...

This paper compares the effectiveness of various environmental policies (emission permits, emission taxes, and voluntary emission certifications) in competitive markets. Green product certification (or eco-labels) are shown to be a welfare-improving policy. However, these welfare gains are...

This paper examines the welfare effects of market-based (permits, taxes) and choice-based (voluntary emission certifications, eco-labels) environmental policy. My analysis shows that choice-based eco-labels can be a welfare-improving policy. However, these welfare gains occur through “green”...

We examine four discontinuities in the ethanol content in blended gasoline fuel, mandated by Brazil's central government over the period 2010 to 2013, to test the joint hypotheses that (1) atmospheric ozone production in the São Paulo metropolitan area is limited by the volume and reactivity of...

The capture and permanent storage of CO2 emissions from coal combustion is now widely viewed as imperative for stabilization of the global climate. Coal is the world’s fastest growing fossil fuel. This trend presents a forceful case for the development and wide dissemination of technologies...