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We study how public policies affects an economy where production emits pollutants and investment in productive assets raises the economy’s overall productivity. We explore two hypotheses about how the accumulation of pollutants affects human well-being. Under the first one, there is no limit...
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cut by 2050, while the EU Shipping Pollution Regulation 2015/757 merely contains a monitoring, reporting and verification … system for carbon dioxide, but not other emissions. This leads to the question of whether liability for climate damage may … discusses the developing case law in tort on liability for climate damage, an implicit director’s duty of care, the challenges …
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This paper constitutes a chapter in a book on maritime pollution liability and policy in China, Europe and the U.S. and … deals with criminal liability for oil pollution damage from an economic perspective. After an introduction first the … economic theory of criminalisation is applied to oil pollution damage, discussing why criminal law may be needed for oil …
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While negotiations on a global deal to curb greenhouse gas emissions continue in slow motion, the pace of climatic change gains momentum. Higher than ever atmospheric greenhouse gas concentrations1 increase the likelihood and frequency of extreme weather events, as well as the probability of...
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