Free trade and global warming: a trade theory view of the Kyoto protocol

Article Abstract:

A study on international trade from the Kyoto protocol perspective is examined. Three important issues that need serious amendment only in open trading world are, influence of unilateral emission reductions by the rich North over the poor South, rules allocating emission reductions across countries may be well efficient even if international trade in emission permits is not allowed and non-occurrence of international emission permit trade may increase global emissions and make both the participants involved in trade worse off.

International trade

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Intergovernmental versus intersource emissions trading when firms are noncompliant

Article Abstract:

A study analyzing the relative cost-effectiveness of intergovernmental versus intersource cross-border emissions trading when polluting firms is noncompliant with special emphasis on enforcement costs and the associated credibility problem of governmental monitoring is presented. The results are discussed.

Venture Analysis, Economic aspects, Environmental aspects, Business enterprises, Emissions credit trading, Emissions trading

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Does risk aversion increase the value of morality risk?

Article Abstract:

The relationship between aversion to financial risk and the willingness to pay to reduce mortality risk is examined. Many assumptions state that the relationship between risk aversion and value of statistical life is ambiguous.

Life Insurance, Direct Life Insurance Carriers

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