In this paper we use the Hodrick-Prescott filter for analysing global temperature data. We are especially concerned with a reliable estimation of the trend component at the end of the data sample. To this end we employ time-varying values for the penalization parameter. The optimal values are...

Is it possible to combat global climate change through North-to-South technology transfer even without a global climate treaty? Or do carbon leakage and the rebound effect imply that it is possible to take advantage of technological improvements under the umbrella of a global arrangement only?...

The global shift to private transport is impacting on the environment in a number of ways, including increases in vehicle emissions that, in turn, contribute to the major problem of global warming and potential climate change. This suggests a need to improve strategies to encourage greater use...

After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top-down" approach embodied by the Kyoto Protocol has all but stalled, chiefly due to disagreements over levels of ambition and objections to financial transfers. To avoid those...

This paper estimates fossil fuel subsidies and the economic and environmental benefits from reforming them, focusing mostly on a broad notion of subsidies arising when consumer prices are below supply costs plus environmental costs and general consumption taxes. Subsidies are $4.9 trillion...

Population movements will help people facing the impact of climate change. However, the resulting large scale displacements may also produce security risks for receiving areas. The objective of this paper is to empirically estimate if the inflows of climate-induced migrants increase the risk of...