The European Commission's proposal for a Carbon Border Adjustment Mechanism (CBAM) aims to address carbon emissions in imports to the EU. This thesis researches the financial implications for exporting countries due to CBAM's implementation, focusing on how it may alter production costs, demand...

The carbon border adjustment mechanism (CBAM) of the European Union (EU) may become a significant global climate policy milestone. The EU trade partners most willing to accept CBAM could help it gain the critical mass necessary for survival and broader adoption. The cooperation of the world's...

With the Green Deal, the European Union (EU) has not only significantly increased the ambition of its climate policy in recent years, but it has also added an international dimension to European domestic climate policy. In fact, numerous recently adopted legal acts directly or indirectly affect...

This paper aims to analyse European climate policy's state of the art concerning the urgent need to decarbonize society and the economy and meet pressing climate demands. Decarbonization refers to the progressive reduction of the carbon-to-hydrogen ratio within energy sources. The primary...

Climate mitigation requires global action: it does not matter where on earth a tonne of carbon emissions is being saved. Reducing carbon emissions is often cheaper in less developed countries than in EU member states. Therefore, integrating them into the EU Emissions Trading System generates...

Maritime transport plays an essential role in the European Union (EU) economy. It enables trade and contacts between all European nations. It ensures the security of supply of energy, food and commodities and provides the main vehicle for European imports and exports to the rest of the world....

We study the impact of natural resource royalties on educational outcomes in Colombia. We analyze a reform enacted in 2012 that made the distribution of these royalties more equitable. Before the reform, most royalties were assigned to the regions where the natural resources were exploited; with...

Reducing global carbon emissions and mitigating the adverse impacts of climate change is a fundamental environmental challenge. Australia's target is to reduce carbon emissions by between 26% and 28% by 2030 compared to 2005 emission levels. Carbon pricing can be an effective market-based...

Transitioning to a low-carbon economy requires undertaking massive investment expenditures, and how to finance these expenditures remains at the core of economic debates. However, the cost of not transitioning to a low-carbon economy is often forgotten in these debates. These costs have...

In energy system transformation studies, the assumption of linearly rising CO2 prices is common and based on the decreasing issued European allowances (EUA). The actual auction price for allowances is influenced by market dynamics, resulting in non-linear variations in CO2 prices due to the...