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All Research (11)

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Results 1 - 10 of 11

1. Uncertainty, climate change, and the global economy

Research/All Research

Abstract What will the climate be like in a hundred years' time? The answer depends on both how human activity affects climate change and how a warming climate alters the economy's productive capacity and human welfare. There is uncertainty about...

Saturday, 14 August 2010 | Read more

2. The distributional burden of cap and trade

Research/All Research

Abstract The carbon-pricing implications of cap-and-trade programmes have raised concern that they might be a regressive policy tool. This column documents how allowance allocation schemes similar to those in recently proposed US legislation...

Saturday, 14 August 2010 | Read more

3. Is China trying to “lock up” natural resources around the world?

Research/All Research

Abstract The rapid emergence of China as a major industrial power poses a complex challenge for the world's natural resources. This column argues that the Chinese government-backed investments in natural resource supplies are predominately in...

Friday, 09 July 2010 | Read more

4. Tax policies for low-carbon energy

Research/All Research

Abstract Economists often advocate taxes or cap-and-trade schemes to fight pollution, but US policy primarily subsidises clean energy alternatives. This column critiques such subsidies on four counts: they lower the cost of energy, pick favourite...

Friday, 09 July 2010 | Read more

5. How taxpayers can reclaim 7 billion euro from the EU's Emissions Trading Scheme

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Abstract This week, the European Commission will release more details of its plans to tighten the greenhouse gas emissions targets in the EU's Emissions Trading System. A key concern will be the potentially negative impact on the competitiveness...

Wednesday, 09 June 2010 | Read more

6. Green stimulus is not sufficient for a global green recovery

Research/All Research

Abstract Nearly one-sixth of the more than $3 trillion in fiscal stimulus spent in 2008 and 2009 was allocated to green spending. But this column argues that without correcting existing market and policy distortions, the "greening" of the world...

Wednesday, 09 June 2010 | Read more

7. Learning-by-Doing and the California Solar Initiative

Research/All Research

Abstract In principle, there are two potential rationales for subsidizing renewable fuel technologies. First, a subsidy might be warranted to the extent this helps to displace fossil fuel technologies and emissions from those fuels are...

Wednesday, 19 May 2010 | Read more

8. Why we shouldn’t subsidise clean-energy technologies

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Abstract Nearly all economists agree that the most efficient way to address environmental problems is to raise the cost of the pollution-generating activity, but US policies subsidise clean-energy alternatives instead. This column criticizes...

Sunday, 02 May 2010 | Read more

9. Can renewable energy save the world?

Research/All Research

Abstract Can renewable energy save the world from climate change, and do so at a reasonable cost? This column says we can replace some fossil fuel power with renewable power without a major cost increase, but we cannot hope to replace a major...

Sunday, 02 May 2010 | Read more

10. Oil price risk versus expropriation in the oil industry

Research/All Research

Abstract We use unique data on 2,466 oil extraction agreements in 38 countries to study contracts between resource-rich countries and independent oil companies. We analyze why expropriations occur and what determines the degree of oil...

Thursday, 29 April 2010 | Read more