The present paper analyzes the impact of a climate coalition's border carbon adjustment on emissions from commodity production, welfare and the coalition size. The coalition implements border carbon adjustment to reduce carbon leakage and to improve its terms of trade, while the fringe abstains...

What will come first - non-acceptable global warming or extinction of oil reserves? Both processes can bring substantial costs to the mankind, but their order has important economic implications. The answer to this question will either lower oil price in the long run or will lead to its further...

Currently, the region named Brazilian Legal Amazon (BLA) represents the agricultural frontier of Brazil, and it concentrates the deforestation processes, so-called arc of deforestation. This region covers the total area of Acre, Amapá, Amazonas, Pará, Rondônia, Roraima, and Tocantins, and...

Climate change in Romania, will affect all sectors of the economy will lead to changes in vegetation periods and displacement the line between woods and meadows. Extreme weather events (storms, floods, droughts) will occur more frequently, and related risks and damages may become more...

Recently, various environmental problems have been generated with the rapid economic development in China. That's because China currently over-emphasized economic development beyond environmental issues; therefore, now it is important to enforce optimal environmental policies in order to achieve...