The Amazon basin is a key component of the global carbon cycle. The old-growth rainforests in the basin represent storage of ~ 120 petagrams of carbon (Pg C) in their biomass. Annually, these tropical forests process approximately 18 Pg C through respiration and photosynthesis. This is more than...

Upstream producers that possess market power, sell forwards with a lengthy duration to regional electricity companies (REC). As part of the liberalization of the electricity market, RECs have been privatized and exposed to a possible bankruptcy threat if spot prices have fallen below their...

This essay studies the optimal timing for a firm to adopt a new process innovation in the presence of learning. A policy that has been implemented by governments throughout the world to reduce the cost level of infant industries with positive externalities, is to either subsidize the research of...

Biochar is the carbon-rich organic matter that remains after heating biomass under the minimization of oxygen during a process called pyrolysis. There are a number of reasons why biochar systems may be particularly relevant in developing-country contexts. This report offers a review of what is...

Biochar is the carbon-rich organic matter that remains after heating biomass under the minimization of oxygen during a process called pyrolysis. There are a number of reasons why biochar systems may be particularly relevant in developing-country contexts. This report offers a review of what is...