Europe, and Germany in particular, have quickly ramped up liquefied natural gas (LNG) imports to partially offset the loss of Russian pipeline gas deliveries. While many observers rightly applaud this historical achievement, there are also concerns that LNG decisions taken in the face of the...

The United States will play a crucial role in global climate protection in what has been called the "super election year" of 2024. After three-and-a-half years of having scored huge successes in climate protection, President Joe Biden could be succeeded by Donald Trump in January 2025, according...

We explore how optimal emission abatement trajectories are affected by dynamic characteristics of greenhouse-gas emitting systems, such as inertia, induced innovation, and pathdependency, by formulating a compact and analytically tractable model with stylized damage assumptions to derive the...

A significant reduction in global greenhouse gas emissions requires international cooperation in emission abatement as well as individual countries' investment in the adoption of abatement technology. The existing literature on climate policy pays insufficient attention to small countries, which...