Carbon pricing is a recurrent theme in debates on climate policy. Discarded at the 2009 COP in Copenhagen, it remained part of deliberations for a climate agreement in subsequent years. As there is still much misunderstanding about the many reasons to implement a global carbon price, ideological...

ERES:conference

This article outlines the economic consequences of the CAP, including the high level of protection, the burdens on consumers, taxpayers and the EU budget, environmental damage, the harm to international trading relations, and the failure to raise farmers' incomes. The numerous unsuccessful...

This chapter presents the economic logic behind the concept of discounting the future and discusses how it applies to biodiversity conservation. How should economists account for the effects of biodiversity and ecosystem losses in the immediate and distant future? We discuss how to integrate...