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In the absence of first-best climate policy, we demonstrate that existing government institutions and policy established for reasons unrelated to climate change may induce climate adaptation. We examine the impact of temperature on ambient ozone concentration in the United States from 1980-2013,...
Persistent link: https://www.econbiz.de/10012517871
If one nation damages another, what are its obligations? This question can be approached and understood in diverse ways, but it is concretized in debates over the social cost of carbon, which is sometimes described as the linchpin of national climate policy. The social cost of carbon, meant to...
Persistent link: https://www.econbiz.de/10013215313
Climate change is complex during the best of times. It is commonly conceptualized as the quintessential global collective action problem: it affects those who do not contribute to it while the benefits of climate change mitigation measures are not restricted to those who pursue such measures....
Persistent link: https://www.econbiz.de/10013217042
Modern energy and natural resource development has always been, at heart, a global enterprise. Energy companies and developers, by necessity, frequently work in far-flung locations scattered among nations with vastly different legal systems and environmental regulatory systems. If one of their...
Persistent link: https://www.econbiz.de/10013219092
A survey of legislation from the 109th Congress pertaining to maritime security, the acquisition of US port facilities by corporations controlled by foreign governments, maintenance en route of U.S. vessels by foreign quot;riding gangsquot;, hurricane waivers of the Jones Act, the Oil Spill...
Persistent link: https://www.econbiz.de/10012756799
We look at COVID-19 mortality and expected life expectancy risks by age prior to the development of pharmaceutical treatments for the SARS-CoV-2 virus. A COVID-19 infection more than doubled the annual mortality risks for Americans over sixty. Americans aged sixty or older stand to lose 153 to...
Persistent link: https://www.econbiz.de/10013245618
Substitution of petroleum fuels with biofuels such as ethanol and biodiesel has been shown to reduce greenhouse gas (GHG) emissions. These GHG reductions can be traded in the emerging carbon markets, and methodologies for quantifying and trading are still being developed. The main challenges in...
Persistent link: https://www.econbiz.de/10012749859
Persistent link: https://www.econbiz.de/10012752238
As the United States considers its climate change policies, a fundamental question is whether it will choose to use tax increases or a cap-and-trade system to reduce greenhouse gas emissions. This article provides background and context for considering the use of carbon taxes at the federal...
Persistent link: https://www.econbiz.de/10012753190
China, Japan and Korea have deployed a multiplicity of co-operation efforts at different levels of government to promote air quality and curb transboundary pollution. This paper identifies the existing arrangements for air quality co-operation in North East Asia and provides guidance to advance...
Persistent link: https://www.econbiz.de/10012180317