Substantially reducing carbon dioxide (CO2) emissions from electricity production will require a transformation of the resources used to produce power. This paper analyzes the economic consequences of a suite of different flexible and comprehensive policies to reduce CO2 emissions from the power...

China has realized that for its own sake and from the international community’s perspective, it cannot afford to continue along the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of...

As an important step towards building a “harmonious society” through “scientific development,” China has incorporated for the first time in its five-year economic plan an energy input indicator as a constraint. While it achieved a quadrupling of its GDP while cutting its energy intensity...

Developing Asia is the driver of today's emissions intensive global economy. As the principle source of future emissions, the region is critical to the task of global climate change mitigation. Reflecting this global reality and a range of related domestic issues, the governments of the People's...

Paragraph 31(iii) of the Doha Ministerial Declaration mandates to the liberalization of environmental goods and services. This mandate offers a good opportunity to put climate-friendly goods and services on a fast track to liberalization. Agreement on this paragraph should represent one...

Climate financing and compensation have emerged as key themes in the international climate mitigation debate. According to one argument in support of compensation, advanced economies (AEs) have used up much of the atmosphere’s absorptive capacity, thus causing global warming and blocking a...

This paper discusses a comprehensive strategy for implementing Mexico’s climate mitigation commitments. Progressively increasing carbon prices from current levels of US$3 per ton to US$75 per ton by 2030 would achieve Mexico’s mitigation pledges, while raising annual revenues of 1.8 percent...

Ethiopia is the second most populous country in Sub-Saharan Africa with a population of more than 110 million. With over 10 percent growth rate, the Ethiopian economy has been one of the fastest growing economies in the world over the last one and half decades. By any measure agriculture is the...

Energy firms provide key sources of energy needed to power the world economy. This paper offers a current overview of major energy firms in Germany, including location, geographic operations, and financial performance. German energy firms increasingly use renewable energy sources, thereby...