Today's turbulent global environment is having a huge influence on the performance of businesses, and there is a growing interest not only from those active in the economy, but also from society as a whole in finding forecasts which may give more solid foundations for future activities. This...

Ecological economics provides a research field for critical reflection on relationships between the economy and the life-sustaining ecosystems. With focus on strong uncertainty, irreversibility, strong sustainability, precautionary approaches and ethical complexity, ecological economics differs...

This essay explores the extent to which sustainability tales could come from the Mumbai-based Hindi film industry on one hand because this cinema culture is much more diverse than a Western gaze usually assumes and, arguably, has the potential to deal with serious topics such as sustainability...

The Clean Development Mechanism (CDM), introduced under the Kyoto Protocol, serves a twofold objective: the reduction of Greenhouse Gases and the promotion of sustainable development in emerging countries. This article addresses this critical issue by analysing a project currently seeking CDM...

This paper presents results from the application of the China Regional Energy Trade Model (CRETM, developed at PSI) to analyse the impact of externalities in the power-generation sector of China. The model applies state-of-the-art optimisation methods and incorporates partial equilibrium,...

This paper addresses the impact of the CO<SUB align="right"><SMALL>2</SMALL></SUB> opportunity cost on the wholesale electricity price in the context of the Iberian electricity market (MIBEL), namely on the Portuguese system, for the period corresponding to the Phase II of the European Union Emission Trading Scheme (EU ETS). In the...</small></sub>

Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...

Global climate change poses significant risks to the California economy. Recognizing and responding to these threats, Governor Schwarzenegger signed Executive Order #S-3-05 (Schwarzenegger 2005) which called for a 30 percent reduction below business-as-usual of greenhouse gas emissions by 2020...

In the absence of a global climate agreement, countries employ local policies to curb pollution and introduce clean energy. These policies limit domestic consumption of a traded energy source but increase exports thus improving a country’s energy balance and its balance of trade. While...

We introduce a version of the DICE-2007 model designed for uncertaintyanalysis. DICE is a wide-spread deterministic integrated assessment model of climatechange. Climate change, long-term economic development, and their interactionsare highly uncertain. The quantitative analysis of optimal...