Climate change is one of the most pressing issues of this century. Due to the urgency of the issue and the pressure on governments to act, the debate on climate change is moving quickly from the political level to focused conversations on policy choices and implementation options. This...

Asheim et al. (2006, Journal of Environmental Economics and Management, vol.51, pp.93-109) show that participation in international environmental agreements (IEAs) can be doubled in a two-region world by the Regional Penance strategy, designating countries that are permitted to punish...

This chapter presents the steps undertaken by the European Union to add the well-being dimension to growth as an indicator and compass for its policies. First, it shows that despite the EU's efforts to make sustainable development and the fight against poverty and inequality genuine political...

A central issue in environmental law is the choice among regulatory instruments. From Pigou to Coase to the present, scholars have debated the relative merits of liability rules, property rules, technology standards, taxes, subsidies, and tradeable allowances. An emerging scholarly consensus in...