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Resentment of the federal government's management of public lands runs deep in the arid West, where grazing, mining, and timber once predominated and remain important to rural communities. This resentment bubbled over in 2016 with the armed occupation of the Malheur National Wildlife Refuge in...
Persistent link: https://www.econbiz.de/10012962733
Pigou (1920) advocated for taxes, set equal to marginal damages, on goods produced and consumed that involve negative externalities. Samuelson (1954) laid out the conditions for optimal pure public goods provision, but noted that free-riding (the “demand revelation” problem) was likely to...
Persistent link: https://www.econbiz.de/10012962737
As with other public goods lacking strong special interest support, global climate policy suffers from two serious theoretical flaws. The first is failure to endogenize the labor-leisure decision when conducting benefit-cost analysis. Recognition that income generated will not remain the same...
Persistent link: https://www.econbiz.de/10012970716
International investment agreements (“IIAs”) provide enforceable protections to foreign investors based on the premise that enforceable investor protections will stimulate greater foreign investment flows, which, in turn, are assumed to promote development. However, as understandings of both...
Persistent link: https://www.econbiz.de/10013232389
The extractive industries (EI) are at a critical juncture. A period of significant commodity price volatility is intersecting with the global energy transition and, more recently, the major social, political, and economic repercussions of the COVID-19 pandemic – a combination of forces...
Persistent link: https://www.econbiz.de/10013233623
The circular economy agenda is widely seen as a response to climate change and is forcing societies to re-evaluate how resources are used towards creating a sustainable economy that is free of waste. Financial institutions are being pressured to finance circular projects and investment. But for...
Persistent link: https://www.econbiz.de/10013234549
Building a quality culture is a long-haul journey that requires educational, cultural, social, political, and economic considerations and the collaboration of all stakeholders. This paper examines Herman Daly's perspective on the quality infrastructure impact for sustainable development....
Persistent link: https://www.econbiz.de/10013322375
In the fight against global warming, the reduction of greenhouse gas emissions is a major objective. In particular, a decrease in electricity generation by coal could contribute to reducing CO2 emissions. We study potential economic consequences of a coal phase-out in Germany, using a...
Persistent link: https://www.econbiz.de/10012321331
In the fight against global warming, the reduction of greenhouse gas emissions is a major objective. In particular, a decrease in electricity generation by coal could contribute to reducing CO2 emissions. Using a multi-region dynamic general equilibrium model, this paper studies potential...
Persistent link: https://www.econbiz.de/10012051245
Ohne weitere staatliche Maßnahmen können die Klimaschutzziele der Bundesregierung nicht erreicht werden. Eine Möglichkeit, Emissionen zu reduzieren, ist der Ausstieg aus der Braunkohleverbrennung. Die Braunkohlenwirtschaft zahlt allerdings doppelt so hohe Löhne im Vergleich zum...
Persistent link: https://www.econbiz.de/10011997207