Examines the interplay between market dynamics and social welfare, highlighting the roles of willingness to pay and willingness to accept in economic models.
Addresses the need for significant CO2 intensity reduction to achieve climate targets while examining the interplay between economic growth and carbon emissions.
Delves into environmental regulation mechanisms like quantity caps, consumption caps, and taxes, emphasizing the importance of aligning private costs with social costs for optimal outcomes.
Explores policy instruments to reduce external costs and mitigate environmental impacts, emphasizing the potential for green growth and emission abatement measures.