Economic models suggest that in many cases, market leakage rates of greenhouse gas abatement reach the two-digit percentage range. Consequently, the Marrakesh Accords require Clean Development Mechanism (CDM) projects to account for leakage. Despite this, most project proponents neglect market...

In this paper analyze the economic effects of CO2 emission reductions in the Basque Country (Spain) using an applied general equilibrium (AGE) model with specific attention to environment-energy-economy interactions. Environmental policy is implemented through a system of tradable pollution...

This study aims at integrating a materials flow model into an economic model, such that the economic effects of policies on the use materials and products can be analysed. Methods for studying materials and product flows do not properly take into account economic, behavioural or policy aspects....

This study aims at integrating a materials flow model into an economic model, such that theeconomic effects of policies on the use materials and products can be analysed. Methods for studyingmaterials and product flows do not properly take into account economic, behavioural or policy aspects.But...

Using the FUND model, an impact assessment is conducted over the 21st century for rises in sea level of up to 2-m/century and a range of socio-economic scenarios downscaled to the national level, including the four SRES (IPCC Special Report on Emissions Scenarios) storylines. Unlike a...

The validity of the Hotelling's rule, the fundamental theorem of nonrenewable resource economics, is limited by its partial equilibrium nature. One symptom of this limitation may be the disagreement between the empirical evidence, showing stable or declining resource prices, and the rule,...