Innovation clusters combining public and private effort to develop breakthrough technologies promise greater technological advances to slow down climate change. We use a multi-country model with emissions permit trade to examine how international climate policy can incentivize countries to...

While reducing industrial greenhouse gas (GHG) emissions is undoubtedly necessary to avoid an ecological disaster, political support for environmental regulation depends largely on its effectiveness and expected side-effects. A potential fallout often associated with environmental policies is a...

The utilization of fossil fuels and deforestation are the primary causes of global warming and climate change. Innovation is therefore essential to achieve green energy and sustainable development. As part of the Paris Agreement, Colombia has pledged to cut 51% of its emissions by 2030 and...