This article uses a unique data set on private homeowners’ observed investments in defensible space for 35 wildland-urban interface (WUI) communities in Nevada to analyze how the appropriate policy to promote defensible space, if any, should differ between WUI communities. To analyze this issue, we assess the extent to which three prominent explanations for homeowner underinvestment in defensib...

Cap and trade remains attractive to many state governments because it provides a much-needed source of additional revenue when greenhouse gas emission allowances are auctioned to the highest bidder. We analyze the income distribution impacts of the California Global Warming Solutions Act under alternative policy designs. These include the free allocation of emission allowances versus recycling ...

Natural disasters cause human losses, destroy economic assets and are often followed by widespread looting and increases in altruistic behaviour; affecting ambiguously the long-term benefits and costs of crime. This study investigates whether the multiple consequences of natural disasters lead to lasting changes in property crime rates through assessing the effect on property crime dynamics of ...

This paper develops a CGE model with unique regional land types and detailed non-CO2 GHG emissions which it uses to analyze the potential for reductions in land-based greenhouse gas emissions as well as forest sequestration. In our global, general equilibrium analysis of carbon taxation, we find that forest carbon sequestration is the dominant means for global GHG emissions reduction in the lan...

The social cost of carbon – or marginal damage caused by an additional ton of carbon dioxide emissions – has been estimated by a U.S. government working group at $21/tCO2 in 2010. That calculation, however, omits many of the biggest risks associated with climate change, and downplays the impact of current emissions on future generations. Our reanalysis explores the effects of uncertainty about ...

This study investigates how consumers value carbon dioxide (CO2) emissions of food by conducting a choice experiment before an ecolabel is attached on some foods in Japan. Participants are asked to buy some Satsuma mandarin oranges based on price and CO2 emissions and take them home. The following results are obtained: (i) the willingness-to-pay (WTP) estimate for the reduction of 1 g CO2 emiss...

Paragraph 31(iii) of the Doha Ministerial Declaration mandates to the liberalization of environmental goods and services. This mandate offers a good opportunity to put climate-friendly goods and services on a fast track to liberalization. Agreement on this paragraph should represent one immediate contribution that the WTO can make to fight against climate change. This paper presents the key iss...

This paper reviews the literature on the relationship between climate and the energy sector. In particular, we primarily discuss empirical papers published in peer-reviewed economics journals focusing on how climate affects energy expenditures and consumption. Climate will affect energy consumption by changing how consumers respond to short run weather shocks (the intensive margin) as well has ...

A frequently cited argument against the use of market-based instruments to provide public goods is that they diminish our sense of responsibility to be good citizens. In this paper, we report on the results of a laboratory experiment designed to explore the idea that this distrust stems from the ability of some members of society to contribute to the public good with money instead of time or ef...

ABSTRACT Climate Change like many global problems nowadays is recognized as a threat to the international security and cooperation. In theoretical terms, it is being securitized and included in the traditional security studies. Climate change and its accompanying environmental degradation are perceived to be a threat that can have incalculable consequences on the international community. The co...