Larsen and Shah present evidence on the level of fossil fuel subsidies and their implications for carbon dioxide emissions. They conclude that substantial fossil fuel subsidies prevail in a handful of large, carbon-emitting countries. Removing such subsidies could substantially reduce national...

The macroeconomic impact of commodity windfalls has provided fertile ground for research since the 1970s. Particularly affected are developing countries that rely heavily on commodity exports. in the case of oil windfalls, cross-country experience is vast: Indonesia, Kazakhstan, Mexico, Nigeria,...

Many experts believe that low-cost mitigation opportunities in agriculture are abundant and comparable in scale to those found in the energy sector. They are mostly located in developing countries and have to do with how land is used. By investing in projects under the Clean Development...

What is second-generation biofuel technology worth to global society? A dynamic, computable partial equilibrium model (called FABLE) is used to assess changes in global land use for crops, livestock, biofuels, forestry, and environmental services, as well as greenhouse gas emissions, with and...

Total world demand for oil is expected to increase about 27 percent in the period 1985-2000. Demand in the centrally planned economies should remain constant. Oil consumption in the industrial countries is expected to grow only 19 percent in the same period. But the demand in the developing...

The impacts of reduced oil prices on the economic viability of selected technologies which utilize solar, wind and biomass energy sources are examined. The technologies include dendrothermal, bagasse, fuel alcohol, wind electric, biomass gasifiers, solar water heaters, photovoltaic water pumps,...

The author studies Pakistan's major environmental problems, both green and brown, and assesses the extent to which economic policies affect incentives to protect the environment. Experience in other countries shows that nondistortionary economic policies that promote economic growth by improving...

The authors examine policy problems related to the use of emissions taxes, and emissions trading, two market-based instruments for controlling pollution by getting regulated firms to adopt cleaner technologies. By attaching an explicit price to emissions, these instruments give firms an...

The Venezuelan government and PDVSA (Venezuela's state oil companies) are both exposed to oil price instability. Given the existing tax structure, PDVSA has a higher exposure than the government, especially when prices drop below $18-20 a barrel. The authors show that the volatility of prices...

Postwar industrialization has moved Mexico's manufacturing industry toward more polluting activities. Fairly independent of changes in foreign trade policy, this process was induced by expansive public investments in heavily polluting subsectors, especially petro - and agrochemicals. Below -...