The increase in global trade has contributed to the integration of domestic economies worldwide into a single global economy. Despite the welfare benefits from global trade, concerns remain regarding the impact of trade on the environment, particularly on global environmental threats like...

Major carbon-pricing systems in Europe and North America involve multiple jurisdictions (countries or states). Individual jurisdictions often pursue additional initiatives—such as unilateral carbon price floors, legislation to phase out coal, aviation taxes or support programs for renewable...

Major carbon-pricing systems in Europe and North America involve multiple countries or states. Individual jurisdictions often pursue additional initiatives---such as unilateral carbon price floors, legislation to phase out coal, aviation taxes or support programs for renewable energy---that...