Integrated assessment models of climate change typically analyze the case of a doubling of atmospheric CO2.over the pre-industrial concentration of about 270 ppm. This is a serious shortcoming since under a scenario in which all accessible fossil fuels are burned, atmospheric CO2 concentrations will more than quadruple. We introduce an analytical framework that endogenously accounts for potenti...

Environmental pollutants have become a dreadful problem and burning issues for the present world irrespective of a country who is responsible for it. The objective of the study is to investigate impact of financial development and institutional quality on environmental degradation. The study is based on panel data for developing and developed countries over the time of 1996-2016. For the empiri...

Society has grown increasingly aware of the need to reduce CO2 emissions in order to mitigate consequential environmental effects. The primary contributors to CO2 emissions are electric power generation, transport, and manufacturing. Information and Communications Technology (ICT) at present contributes a non-negligible 3% of world-wide energy consumption, which in turn causes about 2% of the w...

This study examines dynamic interrelationships and causality relationships among CO2 emissions, economic, political and financial variables over the period of 1971-2011 for the case of Iran as one of the top CO2 emitting countries in the world. The results of ARDL and Johansen cointegration approaches confirm the existence of long run relationship among CO2 emissions, energy consumption, GDP, f...

Non-strategic firms with rational expectations make investment and emissions decisions. The investment rule depends on firms’ beliefs about future emissions policies. We compare emissions taxes and quotas when the (strategic) regulator and (nonstrategic) firms have asymmetric information about abatement costs, and all agents use Markov Perfect decision rules. Emissions taxes create a secondary ...

This study evaluates the regional and sectoral CO2 emissions estimated by different CO2 emissions accounting methodologies around 2050 under different CO2 reduction scenarios. The production-based measurement of CO2 emissions is based on polluter pays principle, while the consumption-based measurement is based on beneficiary pays principle. In the field of global warming, the widely used method...

the demand for fossil fuel in the transport sector is constantly increasing and transportation is ranked amongst the highest greenhouse emitting sectors globally. today, tackling co2 emissions from road transport a widely discussed topic and constitutes a milestone towards reaching a sustainable, carbon neutral economy. this challenge is being described in various initiatives adopted in the eur...