Critics have opposed clean energy public investment by claiming that governments must not pick winners, green subsidies enable rent-seeking behaviour, and failed companies means failed policy.
The presence of non-convexities in electricity markets has been an active research area for about two decades.
In the wake of Russia’s invasion of Ukraine, the world appears to be at an inflection point.
Solar geoengineering (SG) might be able to reduce climate risks if used to supplement emissions cuts and carbon removal.
Governments, and Ministries of Finance (MoFs) in particular, manage critical levers for nature conservation, restoration, and sustainable use and have high risk exposure to nature loss.
Partnerships are inherently challenging. They require two or more partners to share common goals and to work together over the lifetime of a project.
Experiences in real-world pollution markets suggest that firms make persistent errors in forecasting allowance and credit prices that inform their investment decisions.
The Ukraine war has focused minds on win-win policies from ending coal and oil subsidies to raising petrol taxes on petrol
Following the Russian aggression against Ukraine, major sanctions have been imposed by Western countries, most notably with the aim of limiting Russia’s access to hard international currency.
Stratospheric emissions from aircraft or rockets are important sources of chemical perturbations.
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