This paper analyzes the eects of the New Source Review (NSR) environmental regula-tions on coal-red electric power plants. Regulations that grew out of the Clean Air Actof 1970 required new electric generating plants to install costly pollution control equipmentbut exempted existing plants....

In this paper, we analyze a class of models in which there are interjurisdictional spillovers among heterogeneous jurisdictions, as illustrated for instance by CO2 emissions that affect the global environment. Each jurisdiction's emissions depend upon the local stock of private capital. Capital...

When it comes to environmental quality preferences, it is popularly believed that Democrats (and more generally, liberals) are green while Republicans (conservatives) are brown. Does empirical evidence support this popular belief? We test the hypothesis that regional political identification...

Energy markets and energy-intensive industries in all EU member states – especially in Germany – are subject to a diverse set of policies related to climate change. We analyse the potential efficiency losses from simultaneous application of emission taxes and emissions trading in qualitative...

The author analyzes the optimal investment in environmental protection in a model of an infinite series of non-overlapping hyperbolically discounting agents. He shows that without a commitment mechanism society is eventually stuck in a situation where all agents prefer further investment in the...

Der vorliegende Arbeitsbericht entstand im Rahmen des F+E-Vorhabens 'Naturschutzfachliche Bewertung der GAP - Effizienzsteigerung durch Nutzung bestehender Datenbestände', das durch das Bundesamt für Naturschutz (BfN) mit Mitteln des Bundesministeriums für Umwelt, Naturschutz und...

Der vorliegende Arbeitsbericht entstand im Rahmen des F+E-Vorhabens 'Naturschutzfachliche Bewertung der GAP - Effizienzsteigerung durch Nutzung bestehender Datenbestände', das durch das Bundesamt für Naturschutz (BfN) mit Mitteln des Bundesministeriums für Umwelt, Naturschutz und...

This paper analyses two aspects of environmental regulations triggered by ecoinnovations. First, whether there are long term effects of regulation on innovation. Second, whether the impact of different types of regulation differ by type of the environmental benefit of the innovations. To answer...

Climate skeptics argue that the possibility that global warming is exogenous implies that we should not take additional action towards reducing greenhouse gas emissions until we know more. However this paper shows that even climate skeptics have an incentive to reduce emissions: such a change of...

In Thailand climate change has been integrated into the formulation of several national plans and policies. Even though Thailand is not obligated to reduce greenhouse gas emissions, it voluntarily takes numerous actions to mitigate emissions. Both the public and private sector have been actively...