Overwhelming evidence suggests that a “culture of cooperation,” which is the implicit reward from cooperating in any economic activity, represents one of the most successful humanly devised social structures. Yet, our understanding of its determinants and impact is still limited. To clarify...

For the years 2009-2018, we find that fossil fuel firms are more likely to lobby and that lobbying expenditures are greater with increases in a firm’s vulnerability to climate change news risk. The industry’s resistance to a timely low-carbon transition has spawned a divestment movement that...

As climate change accelerates, a looming question is what effects warming will have on the stability and organization of political systems. We argue that extreme weather associated with climate change can reshape societal relations by altering citizen perceptions of their political environment....

We study the interaction of climate policies and investments into fossil and renewable energy generation capacity if policies are set by democratically elected governments and can lead to stranded assets. We develop an overlapping generations model, where elections determine carbon taxation and...

The Paris Agreement on Climate Change requests signatory countries to specify voluntary caps on their greenhouse gas emissions. The caps stated by the end of 2021 imply percentage emission reductions that vary widely across countries. This paper uses globally representative data from the Global...

With the rapid expansion of Artificial Intelligence, there are expectations for a proportional expansion of economic activity due to increased productivity, and with it energy consumption and its associated environmental consequences like carbon dioxide emissions. Here, we combine data on...