Economy and Policy

This paper examines how natural disasters complicate government efforts to balance energy security with the energy transition in regulated electricity systems. Using random variations in runoff as a natural experiment, we find that droughts lead to a long...

The Global Methane Pledge faces significant challenges due to the ambiguous attribution of methane emissions within complex global supply chains and the uncertain costs of mitigation technologies. To address this knowledge gap, the paper developed a multi...

The European Union’s Carbon Border Adjustment Mechanism (CBAM) is the first large-scale climate-trade instrument with the potential to reshape global carbon pricing incentives. Its implementation pressures countries without explicit carbon prices to...

Coal combustion contributes greatly to the level of CO₂ emissions, air pollution, and health burdens. International trade classifies coal extraction, coal combustion, and the consumption of goods and services separately. A lack of comprehensive analyses...

Understanding the immediate impacts of air pollution is crucial, especially as non-health outcomes like player productivity are covert. This paper focuses on investigating the causal relationship between air pollution and player productivity, which is...

China has launched a comprehensive market-oriented reform of the power sector since 2015 to foster competition and enhance efficiency. This article summarizes the progress, achievements, and challenges of these reforms. Progress has been made in enhancing...

• Captures the beneficial implications of the transition to a carbon-free future, especially for impoverished rural Indian youth
• Provides relevant learnings in the context of urgent and diverse global climate change concerns
• Demonstrates how India can combine...