What is the macro-economic case for border measures? A central tenet of economics is that the imposition of a border tax (a tariff) will always reduce global welfare. This holds even in the untypical case that a tariff increases the welfare of the country that imposes it. However, the existence...

For long, the EU has assumed leadership in advancing domestic and international climate change policy. Whilst pushing its negotiations partner in international negotiations, it has led the way in implementing a host of domestic measures including a unilateral legally binding target, an ambitious...

The difficulty of achieving and implementing a global climate change agreement has stimulated a wide range of policy proposals designed to favour the participation of a large number of countries in a global cooperative effort to control greenhouse gas emissions. This significant book analyses...

When it comes to energy policy, EU countries go their own way with little regard for other member states. What strategies exist in the EU Commission to coordinate and integrate energy markets? Are these strategies consistent with national plans currently in action? Is it too late to establish a...

The difficulty of achieving and implementing a global climate change agreement has stimulated a wide range of policy proposals designed to favour the participation of a large number of countries in a global cooperative effort to control greenhouse gas emissions. This significant book analyses...

The difficulty of achieving and implementing a global climate change agreement has stimulated a wide range of policy proposals designed to favour the participation of a large number of countries in a global cooperative effort to control greenhouse gas emissions. This significant book analyses...

The difficulty of achieving and implementing a global climate change agreement has stimulated a wide range of policy proposals designed to favour the participation of a large number of countries in a global cooperative effort to control greenhouse gas emissions. This significant book analyses...

This book reports and rationalizes the state-of-the-art concerning the social costs of electricity generation. Social costs are assessed by adding to the private generation costs, the external costs associated with damages to human health, the environment, crops, materials, and those related to...

Emissions trading is likely to be a crucial pillar of future climate change policy. Since 2005 the European Union (EU) has implemented a CO2 emissions trading scheme, the first major global scheme of its kind, and potentially an important precursor for other such schemes. This article assesses...