The inherent financial interconnections between crude oil prices, carbon emission allowances, and agriculture commodity futures warrant a thorough investigation as fossil energy consumption, carbon emissions, and agriculture plants are three critical components of global environmental...

Previous studies have focused on the co-movements between the prices of different types of energy and, to some extent, the co-movements between the energy and financial assets prices, falling short of analysing the comovements between the different types of energy and emission price. In this...

This paper provides an empirical assessment of the impact of the main driving forces underling CO2 and SO2 emissions across political regimes. Depending on the air pollutant and the political regime, the relationship between per capita GDP and emissions levels is either linear or inverted-U...

The Intergovernmental Panel on Climate Change (IPCC) highlights the importance of reaching net-zero CO2 emissions globally by 2050. Unlocking the potential of natural climate solutions in the strive for net-zero emissions is increasingly gaining attention. A large potential may arise from the...

In the paper I analyze the effect of population age structure on India’s environment burden. I conduct the analysis for 19 consumption sectors using an extension of IPAT framework. Results show that the per capita environment burden peaks for the age cohort between forty-one and fifty and...

SO2, sulfur dioxide, emissions generated by electric power plants account for a large proportion of the total emissions in the U.S.A. In 2008, electricity generation caused nearly 7.9 million tons of SO2 emissions out of a total of 9.5 million tons. The negative side effects of SO2 emissions...

This article argues that international greenhouse gas (GHG) cap-and-trade schemes suffer from inherent problems of enforceability and verifiability that both cause significant inefficiencies and create inevitable tradeoffs between equity and efficiency. A standard result in the economic analysis...

A unilateral carbon tax trades off the distortionary costs of taxation and the future gains from slowing down global warming. Because the cost is local and immediate, whereas the benefit is global and delayed, this tradeoff tends to be unfavorable to unilateral carbon taxes. We show that this...

As reporting GHG emissions becomes mandatory in the financial sector, the methods by which emissions are calculated will grow in importance for their impact on the resulting metric. Progress is underway in both the public and private financial sectors to embed emissions accounting standards, but...

Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies - such as increasing ad-valorem taxes on carbon consumption or...