This study examines China’s utilization of the Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC) Principle to justify its Nationally Determined Contributions (NDCs) under the Paris Agreement. As the world’s largest…
In 2019, the European Union launched the European Green Deal; a project to make the EU a climate-neutral area. As part of this project the EU, in 2023, the European Parliament and the Council of the European Union approved the Regulation (EU) 2023…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…