The authors of this paper develop a model to evaluate first, the market developments in the European Union emissions trading scheme (EU ETS) over 2008–2017 ex-post and second, the performances of main features of the EU ETS reforms that took place in 2018, ex-ante. read more »
The authors of this paper develop an integrated modelling methodology combining an Agent-Based Model with Fuzzy Cognitive Mapping and use it to simulate impacts of policy options addressing the problems of water scarcity for a farming community in Rafsanjan, Iran. read more »
The authors of this paper show that while a convergence towards relatively high carbon prices is more than welcome from a climate perspective, central banks and other agencies responsible for financial stability may need to play close attention to such development. read more »
The authors of this paper apply a newly developed insurance pricing model to two catastrophe model data sets relating to hurricane risk in two locations in the Atlantic basin, estimating ambiguity loads – the extra insurance premium due to ambiguity – and showing how these depend on the insurer’s attitude to ambiguity. read more »
This paper focuses on the role of political institutions, particularly electoral rules, and state–business relationships, to ask why some countries take strong action to address long-term problems like climate change while others do very little. read more »
This paper estimates the global distribution of the costs to consumers from carbon pricing, finding that some policies may be considered regressive for their burden on poorer consumers – but that the benefits from mitigating climate change may weaken or reverse the regressive effect. read more »
This paper draws on the findings of a field experiment with Virgin Atlantic Airways which showed that changes to the behaviour of pilots brought about through monitoring, target setting and small incentives helped bring about fuel savings and, as a result, large cuts in carbon dioxide emissions. read more »
This paper describes the benefits of a game created as an active learning method to teach current and future decision-makers about the ‘cap and trade’ system, one of the most innovative policy options developed by environmental economists. read more »
A patchwork of emissions trading systems (ETSs) currently operate in several jurisdictions, including the EU, Switzerland, South Korea and several US states and Canadian provinces. China has also been experimenting with emissions trading in seven provinces and cities and is setting up a national system that will be much larger than the current largest system, […]
This paper investigates the role of ‘social spillovers’ – people learning from and imitating the behaviour of other people – in the adoption of new technologies, with a focus on liquefied petroleum gas (LPG) in India. The conclusions are important for policymakers seeking to hasten the switch to cleaner energy sources in developing countries. read more »
