"The Bet uses a legendary wager between the Stanford biologist Paul Ehrlich and the conservative University of Illinois economist Julian Simon to examine the roots of modern environmentalism and its relationship to broader political conflicts in the nation. Ehrlich, author of the landmark 1968...

This paper fills a gap in the macroeconomic literature on renewable sources of energy. It offers a definition of green investment and analyzes the trends and determinants of this investment over the last decade for 35 advanced and emerging countries. We use a new multi-country historical dataset...

Microeconomic policies, dealing with individual industries and economic sectors, have traditionally addressed environmental concerns, but increasingly the environment is being viewed in terms of the macro economy. To improve its understanding of the interrelationship between macroeconomics and...

China has become a major global power due to its rapid economic growth, which is being driven by resource-intensive industries but at a considerable environmental cost. This study investigates the intricate relationships that exist between China's mining regulations, resource utilization, and...

Besley and Persson (2023) pioneer a political economy model of a green transition with changing preferences. Here we solve for the optimal policy intervention and find that the optimal tax on the polluting good starts high and is subsequently declining, to support the transition in preferences....

1. From pre-history to the Crusades -- 2. From the Crusades to the Renaissance -- 3. The Protestant work ethic and the rise of capitalism as Gods work -- 4. The Enlightenment: From Leonardo to Galileo -- 5. The rise of the East India Trading Companies -- 6. The “glorious revolution” and the...

With the rapid development of China's economy, China's energy consumption is increasing. There has always been an objective contradiction between economic development and environmental pollution control. Green finance is an important tool to solve the problem. After testing that there is...