As reporting GHG emissions becomes mandatory in the financial sector, the methods by which emissions are calculated will grow in importance for their impact on the resulting metric. Progress is underway in both the public and private financial sectors to embed emissions accounting standards, but...

Half of the world's population — 3 billion people — lives below the poverty line, and Asia has the largest share. In pursuit of sustainable economic development and poverty alleviation, there is great potential among low-income households for green consumption, production, innovation, and...

Although geoengineering refers to numerous methods of offsetting climate change, including the removal of greenhouse gases (GHGs) from the atmosphere, it is most commonly applied to an approach known as shortwave radiation management (SRM). Advocates for geoengineering make no claims to its...

Starting from the premise that climate change mitigation is a global public good, there is a nexus between energy and climate change, which encompasses a range of issues such as clean energy subsidies, carbon taxes, and border adjustment for carbon emissions. In the absence of a global climate...

This Article considers the role of property rights in efforts to sequester underground hundreds of millions of tons of carbon dioxide (CO2) per year from power plants and other industrial facilities in order to mitigate climate change. This technology, known as carbon capture and sequestration...

Efforts to limit cumulative emissions over the next century may be partially thwarted by the responses of fossil fuel suppliers. Current price-cost margins for major reserves are ample, leaving scope for significant price reductions if climate policies reduce demand for fossil fuels through...

Net soil carbon sequestration on agricultural lands could offset 4% of annual global human-induced GHG emissions over the rest of the century and make an important contribution to meeting the targets of the Paris Agreement. To harness this potential of the agricultural sector to positively...

The most prevalent and perhaps most popular climate policies in the U.S. are Renewable PortfolioStandards (RPS) that mandate that renewables (e.g., wind and solar) produce a specifiedshare of electricity, yet little is known about their efficiency. Using the most comprehensivedata set ever...

Korea’s greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a “business as usual” baseline, implying a 4% cut from the 2005 level. Achieving this objective in a...

This working paper, part of my Master of Economics and International Business Management, highlights the impacts of environmental changes on society and the multidisciplinary concept of sustainable development. This work focuses on two major actors, financial actors and policy-makers, and their...