We study long-term incentives for polluting and regulated firms to invest in advanced abatement technologies, when some new technology is available but an even better technology will be expected in the future. Firms can invest only once. We find that depending on the adoption fixed costs all...

This paper presents a cost-benefit analysis of three different use systems for the remaining cloud forests in Ethiopia which at present are being depleted at a rate of 8% per year. These use systems are traditional conversion to crop land, sustainable management of the forest (e.g. by growing...

Der Stern-Report, der vierte IPCC-Bericht der UNO und nicht zuletzt der extrem warme Winter 2006/07 haben die Klimaproblematik wieder in de Mittelpunkt des öffentlichen Interesses gerückt. Welchen Beitrag kann und sollte Deutschland zur Lösung des Weltklimaproblems leisten? Die Antwort von...