We report numerical simulation results using a multiyear global multi country modeling framework which we use to assess the impacts of alternative emissions cuts which will likely come under consideration for the process to follow the December 2009 UNFCCC negotiation in Copenhagen. The...

Using hand-collected carbon emissions data for 2006-2008 that S&P 500 firms disclosed voluntarily to the Carbon Disclosure Project, we investigate the relationship between carbon emission levels and firm value. The study is motivated by a relationship between carbon emissions and global climate...

Energy innovation plays a crucial role in the reduction of carbon emissions. In order to design climate and energy policies that promote the development, deployment and diffusion of new energy technologies, policy makers not only require a theoretical understanding of the energy innovation...

The paper considers the changes to the base-year GHG-emission inventories of Annex I parties to the Kyoto Protocol (herein referred to, simply, as Annex B parties) made in the course of the review of those inventories by expert review teams. I ask whether, in the reporting of these states, any...

Notwithstanding the infinite debate on price versus quantity instruments in the design of a global climate policy, Cap-and-Trade systems are dominating the policymakers' choices worldwide. This is a prime issue for the traditional equilibrium economics, which has argued that the structure of the...

In a paper presented to the Royal Meteorological Society, Brodie (1905) presented a data series that presaged the modern Environmental Kuznets Curve: in the decades leading up to 1890, the number of foggy days in London rose steadily, but after 1891, the fogs began to subside. Brodie attributed...