This paper investigates the extent to which �advanced� knowledge and technology is likely to play a role in reducing greenhouse gas (GHG) emission in future by looking at the role that advanced knowledge and technology played in the technological change process that reduced SO2...

This paper examines the key design mechanisms of existing and proposed cap-and-trade markets. First, it is shown that the hybrid systems under investigation (price floor using a minimum price guarantee, price collar, allowance reserve, options offered by the regulator, and offset relaxation) can...

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Cap-and-trade systems for greenhouse gas emissions are an important part of the climate change policies of the EU, Japan, New Zealand, among others, as well as China (soon) and Australia (potentially). However, concerns have been raised on a variety of ethical grounds about the use of markets to...

At present the USA is - in per capita terms - the top greenhouse gas polluter among the world�s major economies. This is mirrored by the high energy intensity of all sectors of the US economy including manufacturing industries. A potential explanation for the higher energy intensity are...

Flooding is the largest natural disaster risk in England and it is expected to rise even further as we experience a changing climate and continue putting more people and property in harm�s way. Managing this growing flood risk requires a broad portfolio of measures to reduce the probability...

The invention of a new ICT, the printing press, may have been a fundamental turning point in knowledge transition. But did Gutenberg�s printing press succeed in Europe because of, or despite of, government intervention? To answer the question, this paper endeavours to make a comparative...

Official development assistance (ODA) currently totals around $130 billion USD per year, an order of magnitude greater than international climate finance. To safeguard development progress and secure the long-term effectiveness of these investments, projects must be designed to be resilient to...

The paper analyses the impact of climate change and local social networks on farmers� soil conservation behaviour in the Central Highlands of Ethiopia. Farm household level panel data with multiple plots combined with climate data from the adjacent meteorological stations, interpolated at a...

Opportunistic behaviour due to incomplete contract enforcement is a risk in many economic transactions such as forest carbon sequestration contracts. In this paper, an enforcement-proof incentive contract is developed in which a buyer demands a guaranteed delivery of a good or service given a...