While a wide range of factors influence rural-rural and rural-urban migration in developing countries, there is significant interest in analyzing the role of agricultural distress and growing inter-regional differences in fuelling such movement. Given climate sensitivity of agriculture, there is...

Vulnerability to climate change is an increasingly relevant issue for urban policy makers. Recent efforts of urban management have looked beyond mitigation to focus on adaption measures to protect cities from increasing sea levels, temperatures and extreme events. Defining factors in urban...

This paper extends the ‘top-down’ framework developed by Robilliard et al. (2001) to link a computable general equilibrium (CGE) model to a microsimulation (MS) model. The proposed approach allows for the linking of an MS model to a dynamic (rather than static) CGE model. The approach relies...

Global temperature rise due to climate change has become a major concern for the policy makers. Since rising temperature has significant impact on electricity demand, the expansion of the electricity network and related augmentation plan of power industries will be affected due to the change in...

Carbon constrained electricity markets are a reality in 10 northeastern states and California in the US, as well as the European Union. Close to a Billion US Dollars have been spent by entities (mainly generators) in the Regional Greenhouse Gas Initiative in procuring CO2 allowances to meet...

This paper assesses 13 different inputs for biodiesel production and shows that the highest cost currently associated with the processing of residual resources, as well as their small production scale, are compensated by their smaller procurement costs, by their immediate availability in the...

Recent theoretical work in the economics of climate change has suggested that climate policy is highly sensitive to ‘fat-tailed’ risks of catastrophic outcomes (Weitzman, 2009b). Such risks are suggested to be an inevitable consequence of scientific uncertainty about the effects of increased...

Investment in low carbon infrastructure is considered an important component of the fight against climate change. The mechanisms of climate regulation (such as carbon offsets) transfer to project developers the risks associated with reducing emissions of greenhouse gas (GHG) emissions, i.e....

The electricity sector is the single most important EU ETS sector and will have determinant role in EU ETS emissions and emissions reductions. As such, understanding the reaction of the sector to EUA or carbon permit prices, both in the short-term (production) and in the long-term (investment)...