Bangladesh's economy has been rising steadily during the last few decades. Bangladesh's GDP growth rate, IN particular, has been astounding during the last several years. The contribution made by Bangladesh's economy is diversifying on a daily basis. But first and foremost the primary issue is...

Climate science indicates that climate stabilization requires low GHG emissions. Is this consistent with nondecreasing human welfare? Our welfare index, called quality of life (QuoL), emphasizes education, knowledge, and the environment. We construct and calibrate a multigenerational model with...

Calculation of vegetation indices, especially Normalized Difference Vegetation Index (NDVI), has become one of the most successful, popular and traditional attempts in biogeographical research methods, because NDVI has certain advantages over other vegetation indices or band combinations. The...

We analyze the corporate green bond market under a rational framework without an innate green preference, using a simple adverse selection model. Firms can use green bonds to signal their green credentials to investors. Transition risk stems from uncertainty over the introduction of carbon...

The proposal put forth in this paper is called Effective capital. The objective is to scale resources brought to bear on the SDG’s as efficiently as possible by focusing on outcomes that are normalized across projects and efforts. This allows individual actors and small projects to escape the...

Linkage of cap-and-trade systems is typically advocated by economists on a general analogy with the beneficial linking of free-trade areas and on the specific grounds that linkage will ensure cost effectiveness among the linked jurisdictions. An appropriate and widely accepted specification for...

In its ideal form, arbitrariness review is an instrument for promoting “deliberative democracy” – a system that combines reason-giving with political accountability. Under arbitrariness review in its current form, courts tend to embrace the “hard look doctrine,” which has a procedural...

In this work, we ask whether tradable emissions permits, based on the cap-and-trade principle,provide better climate change and economic projections than alternative regulations for GHG emissions, such as operational permits which are commonly used to mitigate non-GHG emissions (prevention first...

Linkage of cap-and-trade systems is typically advocated by economists on a general analogy with the beneficial linking of free-trade areas and on the specific grounds that linkage will ensure cost effectiveness among the linked jurisdictions. An appropriate and widely accepted specification for...

For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this green paradox for a general model and then apply it to...