Mitigating climate change requires aligning real economy investments with climate objectives. This pilot study measures the climate consistency of investments in transport infrastructure and vehicles in Latvia between 2008 and 2018, estimated at EUR 1.5 billion per year on average. To do so,...

In recent years, extreme weather around the world due to climate change has occurred increasingly frequently, and countries globally have gradually realized the harm caused by global warming. All countries are also making efforts to promote less consumption of fossil fuel energy and the use...

A unilateral carbon tax trades off the distortionary costs of taxation and the future gains from slowing down global warming. Because the cost is local and immediate, whereas the benefit is global and delayed, this tradeoff tends to be unfavorable to unilateral carbon taxes. We show that this...

The reliance on energy to power vehicles in the transport sector is solely fossil-based fuels. These are the dominant source of greenhouse gas emissions posing huge threats to climate change and increasing global warming. To detect the driving forces responsible for GHG emission in realizing its...

Greenhouse gas emissions (GHG) generated from transport are among the fastest growing in Europe and in the Europe and Central Asia (ECA) region, posing a challenge in creating a low-carbon future, as economic development has been paralleled with a modal share increasingly dominated by roads.1...