This paper develops a dynamic model consisting of two regions (North and South), in which the accumulation of human capital is negatively influenced by the global stock of pollution. By characterizing the equilibrium strategy of each region, we show that the regions’ best responses can be...

This paper develops a dynamic model consisting of two regions (North and South), in which the accumulation of human capital is negatively influenced by the global stock of pollution. By characterizing the equilibrium strategy of each region, we show that the regions' best responses can be...

At the center of the crisis of climate change is an amazingly efficient but inert fossil fuel-centered energy industry. What makes the energy industry so inert is its massive stock of capital: the facilities, structures, networks, and other physical assets required to extract, process,...

With the continuing international focus on climate change, this article asserts that the European Union is in a position of global leadership which should be employed in order to address some of the justice-based issues associated with climate impacts. One means of addressing the arguable...