Economics is an unavoidable decision-making tool in the field of climate policy. At the same time, traditional economics is being challenged both empirically and theoretically by scholars in different fields. Its non-neutrality in dealing with climate-related issues-which is illustrated by the...

In the booming research on the environmental footprint of, for example, electrical vehicles, heat pumps and other (smart) electricity consuming appliances, there is a clear need to know the hourly CO2 content of one kWh of electricity. Since the CO2 footprint of electricity can vary every hour;...

As one of the offsetting instruments, the Clean Development Mechanism (CDM) allows industrialized countries to meet their compliance objectives by undertaking and financing project activities in developing countries with certified emissions reductions (CERs) in return. Next to Kyoto mechanisms,...