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…