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Improving Incentives for Clean Vehicle Purchases in the United States:...

In recent decades, federal and state policymakers in the United States have adopted a variety of policy incentives to induce drivers to purchase advanced clean vehicles aimed at reducing externalities...

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The Impact of the European Union Emissions Trading Scheme on Regulated Firms:...

This article reviews the recent literature on ex post evaluation of the impacts of the European Union (EU) Emissions Trading Scheme (ETS) on regulated firms in the industrial and power sectors. We...

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Price and Market Behavior in Phase II of the EU ETS: A Review of the Literature

Since 2005, the EU ETS has provided a market-based price signal for European carbon emissions. This article reviews the literature on the formation of carbon allowance prices during phase II of the EU...

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The European Union Emissions Trading System: Ten Years and Counting

This article provides an introduction to the European Union (EU) Emissions Trading System (ETS). First we describe the legislative development of the EU ETS, its evolution from free allocation to...

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The Rebound Effect and Energy Efficiency Policy

What do we know about the size of the rebound effect, the well-known phenomenon that improving energy efficiency may save less energy than expected due to a rebound of energy use? Is there any validity...

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Measuring the Stringency of Environmental Regulations

Do environmental regulations discourage investment, reduce labor demand, or alter patterns of international trade? To answer these important policy questions, we need ways to measure the stringency of...

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The Economics of Wine, Weather, and Climate Change

In this article, we provide an overview of the extensive literature on the impact of weather and climate on grapes and wine, with the goal of identifying how climate change is likely to affect their...

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Alternative Metrics for Comparing Domestic Climate Change Mitigation Efforts...

The availability of practical mechanisms for comparing domestic efforts aimed at mitigating global climate change is important for the stability, equity, and efficiency of international climate...

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A Word from the Editor

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Bucharest Stock Exchange: Monthly Report January 2016

Bucharest Stock Exchange has started the year on a declining trend, more pronounced than most markets in the region. In January the main index of BVB – BET – dropped by 10.5%.read more...

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JSE Offers Protection Against Price Risk For Participants Exposed To Beef...

Trading activity on the beef carcass futures contract has been positive since the product was launched on the Johannesburg Stock Exchange in December 2015, with the number of contracts traded totaling...

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TheCityUK Responds To European Council Presidentâs Proposed EU Reforms

Chris Cummings, Chief Executive, TheCityUK, said, “Donald Tusk’s proposals for a new settlement for the UK within the EU is a key milestone in the reform negotiations to date. While there is still a...

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SEC Completes Muni-Underwriter Enforcement Sweep

The Securities and Exchange Commission today announced enforcement actions against 14 municipal underwriting firms for violations in municipal bond offerings.  The actions conclude charges against...

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LBMA 2016 Forecast Survey

Contributors to the 2016 Forecast Survey are predicting price increases across the board for all four metals, ranging from a modest increase of 1.1% in the gold price to a more bullish outcome for the...

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PEGAS Trading Volumes In January 2016 - PEGAS Sets Again New Volume Records...

PEGAS, the pan-European gas trading platform operated by Powernext, has continued on its growth path of 2015, recording 126.0 TWh on the derivatives market in the first month of 2016, thereby exceeding...

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ESMA Issues Opinions On UK Pension Schemes To Be Exempt From Central Clearing...

The European Securities and Markets Authority (ESMA) has today issued a set of opinions regarding the exemption of 16 UK pension schemes from the obligation to centrally clear OTC derivative contracts...

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FTSE Russell Expands Latin American Business With New Office In Mexico City

FTSE Russell, the global index provider, announced today that it has opened a new office in Mexico City, headed by David Estefan, a senior international industry professional. Estefan will serve as...

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