Economics is the study of choices, and how they are made compatible. The issue of global warming can be viewed in the context of a set of choices that lead to climate change. In a free society choices are made compatible via the price system. If prices do not reflect the true cost of carbon,...

La prominencia de las políticas de mitigación de emisiones exige una comprensión de su impacto distributivo potencial. Para evaluar la heterogeneidad distributiva, cuantificamos y analizamos la intensidad de emisión del consumo, definida como las emisiones de carbono por unidad de consumo,...

This paper analyzes the incentives for governments to impose export subsidies when firms invest in a cost saving technology before market competition. Governments first impose an export subsidy or a tax. After observing export policy, firms invest in cost reducing R&D and subsequently compete in...

This paper highlights the importance of product differentiation and endogenous R&D in determining the optimal R&D policy, in a model where investment in cost reducing R&D is committed before firms compete in a differentiated-goods third-country export market. R&D is always taxed in oligopolies...

The Clean Development Mechanism (CDM) of the Kyoto Protocol offers developing countries the opportunity to participate in the effort to reduce global greenhouse gas levels while also benefitting from sustainable development opportunities. To date, the majority of CDM investments have gone to...

This thesis is a collection of research papers examining global economic integration, technology diffusion and climate change and their interactions and policy implications. Chapter 1 theoretically analyzes the effect of changes in regional production costs on the inter-regional allocation of...

I study several policy instruments for carbon mitigation with a focus on subsidies for renewable energies, emission taxes and emission allowances. In Chapter 1, I analyze the optimal design and the welfare implications of two policies consisting of an emission tax for conventional fossil-fuel...

El Grupo Intergubernamental de Expertos sobre el Cambio Climático (IPCC) estima que se debe alcanzar el objetivo de cero emisiones netas a escala global para el año 2050. A fin de conseguirlo, muchas empresas privadas se han comprometido a lograr las cero emisiones netas para 2050. El Comité...

La divulgación de información prudencial sobre los riesgos ambientales, sociales y de gobernanza (ASG) será obligatoria, a partir de junio de 2022, para las grandes empresas con valores negociados en un mercado regulado de cualquier Estado miembro. Este artículo trata de evaluar el grado de...