Showing 1 - 10 of 6,384
The purpose of this paper is to analyse whether the presence of Hot Air trading jeopardizes the environmental target of an international environmental agree-ment. We argue that Hot Air can be used as an implicit side-payment mecha-nism to actually bring about higher environmental protection...
Persistent link: https://www.econbiz.de/10010321983
Our food supply rests on a foundation of agricultural seed. As the world races to meet soaring food demand, the development and control of this fundamental genetic resource will be of critical concern to the entire human community. Seed, once treated as a shared public good and natural resource,...
Persistent link: https://www.econbiz.de/10013044021
Environmental policy discussions increasingly focus on issues related to technological change. This is partly because the environmental consequences of social activity are frequently affected by the rate and direction of technological change, and partly because environmental policy interventions...
Persistent link: https://www.econbiz.de/10014023934
country’s airline competes on flight frequency and passenger volume in the next stage. The global welfare maximization shows … that the global welfare levels rank as follows: when a single authority chooses mix charges (the first-best outcome), per …-passenger charges only, and per-flight charges only (equivalent to Duo-MOC pricing). Regarding local welfare maximization, if each …
Persistent link: https://www.econbiz.de/10014080659
Taking Singapore as an example, this article lays out a series of tests for determining whether gains arising from the disposal of cryptocurrencies are trade or business income, “all other income” or capital gains. It also considers the possibility of a presumption that individuals engaging...
Persistent link: https://www.econbiz.de/10013214053
How can law best mitigate harm from crises like storms, epidemics, and financial meltdowns? This Article uses the law and economics framework of property rules and liability rules to analyze crisis responses across multiple areas of law, focusing particularly on the ways the Internal Revenue...
Persistent link: https://www.econbiz.de/10012934369
Given the high levels of greenhouse gases already in the atmosphere and the likelihood of growing emissions in the future, even aggressive limits on greenhouse gas emissions might ultimately fail to prevent dangerous climate disruptions. To prepare for this risk, some scientists have started to...
Persistent link: https://www.econbiz.de/10014186348
As Hurricane Katrina vividly revealed, disaster policy in the United States is broken and needs reform. What can we learn from past disasters - storms, floods, earthquakes, tsunamis, landslides, and wildfires - about preparing for and responding to future catastrophes? How can these lessons be...
Persistent link: https://www.econbiz.de/10014193748
Eleven years after the United States signed the Kyoto Protocol, climate change policy remains stalled in the United States. While 177 countries have ratified the Kyoto Protocol and several countries have enacted strong climate change policies, the United States has lagged behind primarily over...
Persistent link: https://www.econbiz.de/10014204721
There is general agreement that cost-effective environmental regulation uses market mechanisms, such as a tax or a cap-and-trade program, in order to leave choices about the least-cost ways of achieving policy goals to individual producers and consumers. A renewable electricity standard (RES) is...
Persistent link: https://www.econbiz.de/10014206329