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Congress is likely to consider domestic climate change legislation during 2009, with a cap-and-trade system continuing to draw support from the Obama Administration and many leaders in Congress. Yet cap-and-trade regulations would take years for EPA to develop and implement, the desired price...
Persistent link: https://www.econbiz.de/10014210965
Global warming, sea level rise, and extreme weather events have made climate change a top priority for policymakers across the globe. But which policies are best suited to tackle the enormous challenges presented by our changing climate? This Article proposes that policymakers turn to prediction...
Persistent link: https://www.econbiz.de/10012899315
We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using machine learning. The agnostic random forest approach that we use is able to reduce in-sample root mean square errors (RMSEs) by around 50% when compared to a standard linear...
Persistent link: https://www.econbiz.de/10013262773
The very concept of 'domestic regulation' in telecommunications comes from multilateral commitments of international trade in services, under WTO GATS. As international trade is a domain of multilateral and intergovernmental diplomatic relations, where regulation in telecom services, directly...
Persistent link: https://www.econbiz.de/10014027984
This paper critically assesses the literature on the relationship between economic integration and the environment. In …
Persistent link: https://www.econbiz.de/10011608396
How was the birth of "Environmental Economics" related to the first Earth Day fifty years ago (April 22, 1970)? This short note introduces some ideas about an amazing burst of intellectual activity from 1968 to 1974. Environmental economics was not a field of economics before this brief period,...
Persistent link: https://www.econbiz.de/10012158093
A situation is analysed in which two countries negotiate the financing of the incremental costs which accrue if one of them switches from a non-sustainable onto a sustainable development path. The other country's incentive to pay arises as it benefits from the developing country's environmental...
Persistent link: https://www.econbiz.de/10009708580
When confronted with market weaknesses and failures determining sustainability problems for environmental common-pool resources, economic analysis has proposed government intervention as the only alternative available. Elinor Ostrom showed that this dichotomy between market and government is not...
Persistent link: https://www.econbiz.de/10010223360
the environment. This necessitates the development and use of models capable of tracing the main interactions, links and …
Persistent link: https://www.econbiz.de/10013019356
the environment. This necessitates the development and use of models capable of tracing the main interactions, links and …
Persistent link: https://www.econbiz.de/10013021924