type="main" <p>We study markets in which consumers prefer green products but cannot determine the environmental quality of any given firm's product on their own. A nongovernmental organization (NGO) can establish a voluntary standard and label products that comply with it. Alternatively, industry...</p>

China’s electricity industry has experienced two major stages of development: from 1949 to 1984, the industry was treated as a subordinate sector whose goal was to support the development of other industrial sectors; since 1985, a series of reforms in its governance mechanisms have been...

Plug-in electric vehicles (PEVs) offer the potential for both reducing reliance on oil and reducing greenhouse gas emissions. However, they may also increase the demand for electricity during peak periods, thereby requiring the construction of new generating units and increasing total costs to...