Showing 1 - 10 of 170
Economic measures are advanced to environmental problems in EU nations. The economic approach imposes a constant economic load on activities negatively affecting the environment, and it is also a technique for giving a constant profit for activities conserving the environment. The whole society...
Persistent link: https://www.econbiz.de/10011483125
Long-term commitment is crucial for the dynamic efficiency of intertemporal cap-and-trade programs. Discretionary interventions in such programs could destabilize the market, and necessitate subsequent corrective interventions that instigate regulatory instability (Kydland and Prescott, 1977)....
Persistent link: https://www.econbiz.de/10012300320
The outbreak of the 2019 novel coronavirus disease (COVID-19) has raised questions about changes in economic production and subsequent effects on the environment. This article employs satellite data on real-time active fire locations in Nepal to evaluate the short-term environmental effect of...
Persistent link: https://www.econbiz.de/10014097940
The COVID-19 pandemic is a seismically disruptive event. This commentary explores some of the key ways this seismic shift will interact with environmental law. It explores four types of change triggered by the pandemic: (1) behavioral changes (including of behaviors with environmental impacts);...
Persistent link: https://www.econbiz.de/10013250108
Long-term commitment is crucial for the dynamic efficiency of intertemporal cap-and-trade programs. Discretionary interventions in such programs could destabilize the market, and necessitate subsequent corrective interventions that instigate regulatory instability (Kydland and Prescott, 1977)....
Persistent link: https://www.econbiz.de/10013315149
Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) is the strain of novel coronavirus that causes Coronavirus disease 2019 (COVID-19) that generates high number of infected cases and deaths worldwide. The fundamental question in this field of research is how countries can reduce...
Persistent link: https://www.econbiz.de/10013252433
We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a good and a bad one. Assuming that the ecology is...
Persistent link: https://www.econbiz.de/10009686204
Because of the importance of the energy sector's development for the performance and stability of the economy, its analysis has become an intriguing branch of the economic sciences. For this study it should be tested the characteristics of each of the industries that comprise it, as well as make...
Persistent link: https://www.econbiz.de/10011703362
For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this green paradox for a general model and then apply it to...
Persistent link: https://www.econbiz.de/10012105543
We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility on carbon emissions accounting for the fact that...
Persistent link: https://www.econbiz.de/10011581727