Any solution to the problem of voluntary cooperation in international climate policy does not only have to overcome the notorious free rider incentives, but also has to comply with the notions of "equity" and…
This paper explores the ability of European refineries to pass-through costs associated with the introduction of the EU Emissions Trading Scheme (EU ETS). A sequence of vector error correction models (VECM)…
Unilateral emission reduction commitments raise concerns on international competitiveness and emission leakage that result in preferential regulatory treatment of domestic energy-intensive and trade-exposed…
In recent years, the parties of the United Nations Framework Convention on Climate Change (UNFCCC) failed to negotiate a follow‐up agreement of the Kyoto Protocol. The commitment period of the Kyoto Protocol…
