The present paper aims to explore the contribution and implications of Romania to the development of the Danube region over the years, focusing on the interactions between internal and international factors. From the analyzed ones, we can affirm the fact that the internal factors play a...

Reform of support for fossil fuels is often identified as a priority for a country’s fiscal consolidation efforts and for climate action to align financial flows with low-carbon pathways. Its implementation, however, remains elusive for many countries as they face seemingly irreconcilable...

Global warming can be curbed by pricing carbon emissions and thus substituting fossil fuel with renewable energy consumption. Breakthrough technologies (e.g., fusion energy) can reduce the cost of such policies. However, the chance of such a technology coming to market depends on investment. We...

Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large literature has emerged showing that such a 'green paradox' may occur in response to particular policies. We review this literature and identify four different...

Angesichts stark wachsender Nachfrage nach Rohstoffen, insbesondere vonseiten der aufstrebenden Schwellenländer und entsprechend steigender Rohstoffpreise, richtet sich der Blick zunehmend auf die Tiefsee als enorme noch weitgehend unerschlossene Quelle reichhaltiger Rohstoffvorkommen. Der...

Consider a lobby group of exhaustible-resource suppliers, which bargains with the government over the extraction of an exhaustible resource and over contribution payments. We characterize the path of contributions and the resulting extraction path, taking into account how the environmental...

In a laboratory experiment we test the three regulations imposed on a common-pool resource game with heterougeneous users: an access fee and subsidy scheme, transferable quotas and non transferable quotas? We calibrate the game so that all regulations improve users' profits compared to...

Am 22. September ist Bundestagswahl. Im Vergleich zum letzten Bundestagswahlkampf 2009 spielt die internationale Klimapolitik nur noch eine Nebenrolle. Die klimapolitischen Themen des Wahlkampfes werden vielmehr überdeckt von der Energiewende, die in Deutschland eingeleitet wurde. Der Beitrag...

The theory of the “Green Paradox” subverts the traditional theoretical foundation of the environmental policies. The crucial question is whether the green paradox holds and how large the impact is in reality, which has provoked heated debate among economists. This article identifies and...

In July 2008, the Canadian province of British Columbia (BC) launched North America’s first revenue-neutral carbon tax reform. The tax, which applied to all combustion sources of all fossil fuels, was introduced at a rate of CAD 10 per tonne of CO2, with a schedule for annual increases of CAD...