We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.

We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy

In December 2023 and January 2024 extensive flooding occurred in Northern Germany in the Ems, Weser and Elbe catchments. The European Flood Awareness System (EFAS) of the Copernicus Emergency Management Service (CEMS) aims to inform the authorities of possible upcoming floods. This report...

Severe droughts are currently affecting most of the Amazon and the La Plata basins and other regions in South America with extremely dry and warm conditions. - Heatwaves and warm spells are exacerbating the impacts of the lack of precipitation. The average temperature is abnormally higher than...