FEEM's e-journal the "Review of Environment, Energy and Economics" is a tool for the dissemination of the work and research-based policy analysis of FEEM researchers and leading international scholars, covering the areas of environmental and energy economics and policy, and offering new insights into the challenges ahead.

HIGHLIGHTS
Unpacking the Paris Agreement
Droughts and Crop Insurance
The Vision of Pope Francis
Multi-Level Climate Governance
Transparency and Levels of Effort
Statement on Climate Change
ARTICLES
 
Feb
04
2016
 
Unpacking the Paris Agreement
by Elisa Calliari, Aurora D'Aprile and Marinella Davide
Environment - Articles
 

What are the main features of the new global climate agreement adopted in Paris at COP21? This Re3 article examines the new climate deal, hailed as a turning point in climate negotiations, paying particular attention to mitigation, cooperative approaches, adaptation and loss & damage, climate finance, compliance and review mechanisms.

Jan
28
2016
 
On Drought Insurance and Water Flows
by Dionisio Pérez-Blanco
Environment - Video
 

In many water scarce regions, the damage incurred by droughts is inflating irrigation withdrawals and driving agriculture into competition with environmental uses. Crop insurance can take on the role of (unsustainable) water withdrawals to mitigate drought impact. Re3 publishes a video on the role of  insurance in drought prone areas.
 

Dec
17
2015
 
Laudato Si': the Beauty of Pope Francis' Vision
by Andrea Tilche and Antonello Nociti
Environment - Articles
 

The Encyclical Letter of Pope Francis, "Laudato si'", addresses for the first time in the Church's history the subject of the protection of the environment. In this article Andrea Tilche, scientist and science manager, and Antonello Nociti, writer and philosopher, analyze and discuss this complex document.

Dec
15
2015
 
COP21 Side Event on Transparency, Policy Surveillance and Levels of Effort
by Keigo Akimoto, Carlo Carraro, Raymond Kopp and Massimo Tavoni
Environment - Video
 

Re3 is pleased to publish the video of the side event "Transparency, Policy Surveillance and Levels of Effort” held at the COP21 venue in Paris. The event was co-organized by FEEM, the Research Institute of Innovative Technology for the Earth and Resources for the Future.

Dec
10
2015
 
COP21 Side Event on Multi-level Climate Governance
by Almut Arneth, Scott Barrett, Carlo Carraro, Edoardo Croci, Christopher Kennedy, Benedetta Lucchitta, Giandomenico Magliano, Massimo Tavoni
Environment - Video
 

Re3 is pleased to publish the video of the side event "Multi-level Climate Governance: an integrated Analysis of National, Regional and Local Policies” held at the COP21 venue in Paris along with a few comments on the debate. The event was co-organized by FEEM, IEFE and University of Edinburgh.

Nov
26
2015
 
Italian Scientific Community releases Scientific Statement on Climate Change
Italian Scientific Societies and Associations
Environment - Articles
 

The Italian Scientific Community calls policy makers, international and national institutions, financial sectors, private sector, the public opinion to take action on climate change. Re3 is pleased to publish the Scientific Statement on Climate Change signed by 12 Scientific Societies and Associations presented at the Rome2015 – Science Symposium On Climate.

Nov
19
2015
 
The Climate Challenge and the Value of Lands
by Grammenos Mastrojeni
Environment - Articles
 

Voluntary CO2 emission cuts announced so far by States are not enough to stay on target and avoid trespassing the 2° threshold. Better land management and degraded lands recovery could contribute one fourth of the gap, in a cost effective way and with extremely consistent mitigation and adaptation co-benefits.

Nov
11
2015
 
Towards a Workable and Effective Climate Regime
by Scott Barrett, Carlo Carraro, Jaime de Melo
Environment - Book Reviews
 

This year, for the first time ever, nearly all of the world’s countries are making pledges to help limit future climate change. The new CEPR_FERDI eBook "Towards a Workable and Effective Climate Regime" looks into what needs to be done to build a climate regime that is both workable and effective.

Nov
05
2015
 
Is Europe on Track with its 2020 Renewable Energy Target?
by Manfred Hafner and Simone Tagliapietra
Energy - Articles
 

Over the last years EU energy policy has strongly focused on the development of renewable energy, also through the adoption of a dedicated 2020 target. But is the EU currently on track to meet this target? This article aims to provide a quick overview on the issue, looking at both the EU-wide and the national levels of analysis.

Nov
02
2015
 
The Planetary Individual
by Massimo Tavoni
Environment - Video
 

What can we do to change our impact on our planet? In this video lesson Massimo Tavoni, Deputy Coordinator of the Climate Change and Sustainable Research Programme, shows us some simple steps we can take to reduce greenhouse gas emissions and the risks associated with climate change.

Oct
22
2015
 
The Role of Natural Gas in the EU Decarbonisation Path
by Manfred Hafner and Simone Tagliapietra
Energy - Articles
 

In this article FEEM energy analysts Manfred Hafner and Simone Tagliapietra present the key results of a new study, just published in the FEEM Series "Note di Lavoro", aimed at exploring the future role of natural gas in the EU decarbonisation path.

Oct
15
2015
 
The Challenges of Decarbonization in Italy
Isabella Alloisio, Alessandro Antimiani, Simone Borghesi, Enrica De Cian, Maria Gaeta, Chiara Martini, Ramiro Parrado, Maria Cristina Tommasino, Elena Verdolini, Maria Rosa Virdis
Environment - Articles
 

This article draws from “Pathways to Deep Decarbonization in Italy”,  the Italian Country Report published within the “Deep Decarbonization Pathways Project (DDPP)”, an initiative of the Sustainable  Development Solutions Network and the Institute for Sustainable Development and International Relations. The report contributes to the national debate on climate change mitigation and decarbonization.

Oct
09
2015
 
How to Close the Gap between Science and Policy?
André Jol and Connie Hedegaard
Environment - Interviews
 

How to close the gap between science and policy? Why does science need to communicate better? André Jol, EEA Head of the Climate change impacts, vulnerability and adaptation group, and Connie Hedegaard, former European commissioner for climate action, share their views on these two important issues in exclusive interviews to Re3.

Oct
01
2015
 
Measuring and Assessing Sustainable Development Goals
by Carlo Carraro
Economics - Comments
 

The United Nations General Assembly discussed and approved the new Sustainable Development Goals (SDGs) during the UN Sustainable Development Summit held in New York on September 25-27, 2015. FEEM Research Director, Prof. Carlo Carraro, briefly presents the preliminary results of FEEM’s APPS – Assessment, Projections and Policy for Sustainable Development Goals - project.
 

Sep
24
2015
 
Catastrophic Risk, Precautionary Abatement, and Adaptation Transfers
Francesco Bosello
Environment - Interviews
 

In a short video, Prof. Francesco Bosello explains the motivation of the paper "Catastrophic Risk, Precautionary Abatement, and Adaptation Transfers", which contributes to the normative literature on mitigation and adaptation by framing the question of their optimal policy balance in the context of catastrophic climate risk.

Sep
17
2015
 
News from the 2015 FEEM Award
Keshav Dogra, Anne-Katrin Roesler and Jörg L. Spenkuch
Economics - Interviews
 

The three young winners of the 2015 FEEM Award, Keshav Dogra, Anne-Katrin Roesler and Jörg L. Spenkuch, explain the motivations behind their papers. The topics range from the euro debt crisis and the rational inattention theory to the backward reasoning hypothesis in sequential games and applied to the US Senate.

Sep
10
2015
 
Short-lived Climate Pollutants: a Closer Look into Near- and Long-term Benefits from their Reduction
by Elisa Calliari
Environment - Articles
 

While Short-Lived Climate Pollutants (SLCPs) mitigation provides important climate and societal benefits in the near-term, its implications for achieving the 2°C target have been studied to a lesser extent. This article reviews some recent literature on the topic with the aim of complementing and directing policy debate with the latest scientific evidence.

Sep
03
2015
 
Insights from China: Leadership, Policies, New World Order
by Jean Christophe Iseux von Pfetten
Economics - Book Reviews
 

In the latest volume released by FEEM Press, Professor Jean Christophe Iseux von Pfetten offers a rare and fascinating glimpse into China in terms of its leadership structure and policies, economic and social prospects as well as its world power projection, with the aim to better understand this country.

Jul
30
2015
 
The Water-Energy-Food Nexus
by Isabella Alloisio
Environment - Articles
 

The Water-Energy-Food Nexus addresses the interrelated nature of global natural resource systems. This article aims to better understand interactions between natural environment and human activities, and to suggest a more coordinated management and use of natural resources facing climate change and population growth challenges, along with solutions and best practices.
 

Jul
23
2015
 
Carbon Emissions Trading in China: Features and Compliance of Pilots and their Transition to a Nationwide Scheme
by ZhongXiang Zhang
Environment - Articles
 

This article examines key features and compliance of China’s pilot carbon trading schemes and lessons learned. Insights are offered into the design, implementation and compliance of China’s carbon trading pilots along with potential pathways to help them work reliably and effectively, smoothing the transition toward a national carbon trading scheme.

Jul
16
2015
 
Profit-Not for Profit Convergence to Achieve Sustainable Value. A Conversation with Muhammad Yunus
by Muhammad Yunus
Economics - Interviews
 

Re3 publishes the interview and excerpts from the keynote speech delivered by Nobel Prize laureate Muhammad Yunus, founder of Grameen Bank, on the occasion of the workshop “Convergence between profit and not for profit to achieve sustainable value. Perspectives from the Social Enterprise World Forum 2015”, held in Milan on July 3, 2015.

Jul
09
2015
 
Current Issues on the Price of Oil: Decline, Forecasting, Volatility and Uncertainty
by Niaz Bashiri, Andrea Bastianin, Elisa Bortolussi, Francesca Conti, Matteo Manera, Marcella Nicolini
Energy - Articles
 

The workshop on “Recent evolutions of oil and commodity prices”, organized by FEEM, focused on the decline in the oil price in 2014. This is explained by a complex set of factors. It had implications on forecasting the price of oil and on oil price volatility and uncertainty, which increased. 

Jul
02
2015
 
Recent Evolutions of Oil and Commodity Prices
Leo Drollas, Vincent Kaminski, Lutz Kilian, Charles F. Mason, Apostolos Serletis, Adonis Yatchew
Energy - Interviews
 

Following the International Conference on “The Recent Evolutions of Oil and Commodity Prices” organized by FEEM on 4-5 June, 2015 Re3 interviews energy experts Leo Drollas, Vincent Kaminski, Lutz Kilian, Charles F. Mason, Apostolos Serletis and Adonis Yatchew on the drop in oil prices and their research on this issue.

Jun
25
2015
 
Oil and Macroeconomic Uncertainty
by Andrea Bastianin and Matteo Manera
Economics - Articles
 

We discuss the concepts of macroeconomic uncertainty, oil price uncertainty and oil price shocks. Given the relevance of oil and macroeconomic uncertainty, we illustrate how economic uncertainty can be defined and measured. We describe our proposed measure of oil price uncertainty and we illustrate the contribution of its underlying components.

Jun
18
2015
 
Global Challenges and the Emerging World Order
by Giulio Sapelli
Economics - Book Reviews
 

What are the origins and implications of the Arab Spring? How did the global economic crisis impact on the geostrategic order? The new volume “Global Challenges and the Emerging World Order” by Professor Giulio Sapelli, University of Milan and FEEM, offers an unconventional overview of the challenges posed by the world’s new geostrategic order.

Jun
11
2015
 
Improvements in Flood Risk Assessment: Evidence from Northern Italy
by Mattia Amadio, Jaroslav Mysiak, Lorenzo Carrera and Elco Koks
Environment - Articles
 

The assessment of potential economic damage caused by floods is commonly done via methodologies based on Stage-Damage Curves (SDC), which provide a relation between the depth of water and the economic damage on a specific land use. Here a refined SDC model is tested against empirical data from a flood event in Northern Italy.
 

Jun
05
2015
 
Turkish Stream and the EU Security of Gas Supply: What's Next?
by Manfred Hafner and Simone Tagliapietra
Energy - Articles
 

In this article FEEM energy analysts Manfred Hafner and Simone Tagliapietra present the key results of a new study, just published in the FEEM Series "Note di Lavoro", aimed at analysing the rise of the Turkish Stream project and at investigating what strategy Europe might assume vis-à-vis this new reality.

May
28
2015
 
Economic Impacts of Disaster Risk and Risk Reduction Measures
by Jaroslav Mysiak
Environment - Articles
 

Italy is prone to natural hazards and disaster risk due to its natural conformation. Limited risk prevention and uncontrolled urban expansion contribute to amplifying such risks. Recent FEEM & CMCC research has empirically tested for the first time in Italy, the potential impacts of climate change on the regional economy.

May
21
2015
 
How Do the Mechanics of Europe's Climate Policy Work?
by the ENTRACTE project team
Environment - Video
 

Preventing climate change is one of the priorities of the European Union. Europe is working hard to cut its greenhouse gas emissions and to help fight climate change. Re3 is pleased to announce the release of an animated short film by the EU-funded ENTRACTE project to help raise awareness on this topic.

May
14
2015
 
The Effects of the Financial Crisis on EU Financial Regulation for Commodities
by Umberto Marengo
Economics - Articles
 

The 2008 crisis exposed the vulnerability of all major economies to financial events beyond their control. The scope, speed and severity of the crisis drove world economies to cooperate on all items of the financial regulatory agenda. This article analyses how the financial crisis affected EU financial regulation for commodities.

May
08
2015
 
The Moral Dimensions of Climate Change and Sustainable Development
The Pontifical Academy of Sciences
Environment - Articles
 

Re3 is pleased to publish the full text of the Final Declaration of Religious Leaders, Political Leaders, Business Leaders, Scientists and Development Practitioners who participated in the workshop entitled "Protect the Earth, Dignify Humanity" hosted by the Pontifical Academy of Sciences of the Roman Catholic Church on April 28, 2015.

May
05
2015
 
Natural Gas and Climate Change Policies
by Massimo Tavoni
Environment - Articles
 

The development of unconventional gas extraction has led to significant declines in gas prices, recently followed by a large drop of oil prices. This is also the year which is supposed to deliver the long awaited post 2020 climate agreement. This article brings different pieces of research together, delving on both issues. 

Apr
15
2015
 
Renewable Energy in the Mediterranean: Current Status and Future Prospects
by Simone Tagliapietra
Energy - Articles
 

Despite huge solar and wind energy potential, Southern and Eastern Mediterranean countries lag far behind most other regions in the world in terms of solar and wind energy deployment. The article explores the reasons of this paradox, focusing on the key barriers to the development of renewable energy in the region.

Apr
09
2015
 
Innovation under Uncertainty
by Valentina Bosetti
Environment - Book Reviews
 

Stabilization of atmospheric concentrations of greenhouse gases to safe levels will require, at least in the longer run, some kind of technological revolution. This new volume “Innovation under Uncertainty”, edited by FEEM researchers Valentina Bosetti and Michela Catenacci, presents original research and insights on the uncertain future of carbon-free energy technologies.

Apr
02
2015
 
Climate Change and Migrations
by Carlo Carraro
Environment - Comments
 

Given that climate change is and will continue to impact regions in different ways, migration from the areas most exposed to climate change needs to be considered. Fostering a better understanding of climate-related migration will also be a fundamental step in securing the future stability of our planet and action on poverty reduction.

Mar
20
2015
 
Targeting the Global Efforts to Reduce Disaster Risk
by Jaroslav Mysiak
Environment - Articles
 

From March 14 to 18, representatives of 187 state governments and around 6,500 delegates from inter- and non-government organizations, UN entities, academic and private sector institutions gathered to debate a new international agreement on disaster risk reduction, one that would  replace the Hyogo Framework for Action (HFA) 2005-2015.

Mar
12
2015
 
Acidification in the Mediterranean sea: impacts and adaptation strategies
by Francesco Bosello, Elisa Delpiazzo and Fabio Eboli
Environment - Articles
 

This article addresses one of the main threats for the marine ecosystem: Ocean Acidification. Caused by anthropogenic CO2 emissions, it affects the whole marine ecosystem. To cope with it and lower its negative socio-economic effects, it is necessary to adopt a comprehensive adaptation strategy to enforce resilience and reduce local stressors. 

Mar
05
2015
 
Water and Development
Michel Camdessus, Sergio Carrà, Jaroslav Mysiak, Andrea Rinaldo, Renzo Rosso and Giulio Sapelli
Economics - Video
 

On 14 January 2015 international scholars and experts convened in Milan for the International Conference on “Water and Development”. Re3 publishes a selection of the presentations showing how demographic trends, energy development and needs, the water-energy nexus, climate change, and water geostrategic challenges are all interconnected.

Feb
25
2015
 
Assessment and Communication of the Social Science of Climate Change: Bridging Research and Policy
by Carlo Carraro, Charles Kolstad, and Robert Stavins
Environment - Comments
 

On February 18-20, 2015, twenty-four experts gathered in Berlin to explore approaches to improving the process by which research on climate change is assessed. Re3 publishes the memo that Carlo Carraro (FEEM), Charles Kolstad (Stanford University), and Robert Stavins (Harvard Kennedy School), have prepared drawing from the workshop.
 

Feb
19
2015
 
Ecology, Economics and the Management of Global Environmental Commons
by Alessandro Tavoni
Environment - Articles
 

Complex environmental problems such as climate change require both an understanding of the environmental drivers and knowledge of the feedbacks between resource dynamics and human activity. The socio-economic dynamics, in turn, call for an investigation of the behavioral drivers. A multidisciplinary approach, while not sufficient, is necessary to address complexity.

Feb
12
2015
 
Elements of a Future International Climate Agreement
Francesca Romanin Jacur
Environment - Interviews
 

Climate change negotiations in the framework of the UNFCCC are expected to lead to the adoption of an international agreement at the 21st session of the Conference of the Parties in Paris at the end of 2015. In this short video, environmental law expert Francesca Romanin Jacur looks into this complex process.

Feb
06
2015
 
Fresh Thoughts from Young Researchers
Christian Krekel, Marta Silva, Anna Raute
Economics - Interviews
 

Re3 publishes the interviews with the winners of the FEEM 2014 Award, which periodically rewards new ideas and innovative research in economics by young scholars. The interviews span a wide variety of topics, from the case of Fukushima to labour market reforms and whether financial incentives affect fertility.

Jan
29
2015
 
Why Fiscal Policy Matters for a Green Economy Transition
by Carlo Carraro, Suneel Pandey and Steven Stone
Environment - Articles
 

Re3 publishes the insight by Carlo Carraro, Suneel Pandey and Steven Stone drawn from the Green Growth Knowledge Platform blog, on the use of fiscal policy to achieve economic, social and environmental goals - highlighting examples in the energy, water and transport sectors and outlining the challenges.

Jan
22
2015
 
Coping with Water Scarcity
Guido Santini
Environment - Video
 

In this brief interview granted to Re3, Guido Santini from FAO illustrates the main spheres of actions of its Land&Water division, and in particular the effective investment planning tool developed to support countries struggling with water scarcity, most notably in Sub Saharan Africa.

Jan
15
2015
 
Global Challenges, Integrated Solutions: A Cooperation Matrix Against Energy Poverty
by Stefano Russo
Energy - Book Reviews
 

Energy has always been linked to the history of mankind and human development. The publication presented in this review, “Global challenges, integrated solutions: a cooperation matrix against energy poverty”, aims at offering guidelines and proposals to support all the actors involved in the process of improving access to energy.

Dec
15
2014
 
From Lima to Paris 2015: challenges on the road to 2°C
Massimo Tavoni, Elmar Kriegler, Keywan Riahi, Detlef P. van Vuuren
Economics - Video
 

Nature Climate Change releases today one of the most comprehensive assessments of the timing and amount of greenhouse gas emissions for each of the world's major economies, considering both currently discussed pledges and scenarios that limit future temperature rise to 2°C. Main key messages of the study led by FEEM are presented in a set of three short videos.

Dec
11
2014
 
FEEM and CMCC Annual Convention
Lucas Bretschger, Barbara Buchner, Carlo Carraro, Phoebe Koundouri and Anastasios Xepapadeas
Economics - Video
 

Re3 is pleased to report the latest on the Annual Convention of FEEM and the Euro-Mediterranean Centre for Climate Change (CMCC). View the 2-minute video for a quick overview or listen to the interviews for a summary of the topics addressed in the keynote speeches.

Dec
04
2014
 
New Challenges and Opportunities for European Gas Markets
by Manfred Hafner and Simone Tagliapietra
Energy - Comments
 

Leading international energy experts, convened in Milan for the 3rd edition of FEEM’s Gas Talks (20-21 November, 2014), discuss mid- to long-term challenges and opportunities for European gas markets. FEEM researchers Manfred Hafner and Simone Tagliapietra report and comment the highlights of the meeting.

Nov
27
2014
 
Firm Preferences for Environmental Regulation
by Félix Muñoz-García and Sherzod B. Akhundjanov
Environment - Articles
 

What are the effects of environmental regulation on the production decisions and profits of  polluting and green firms? This article summarizes the findings of two papers and highlights the role that firm heterogeneity plays in determining firm preferences towards environmental regulation.
 

Nov
20
2014
 
Experimental Games and Climate Coalitions
Alessandro Tavoni
Economics - Interviews
 

How can games be used to solve the climae stalemate? In this short interview Alessandro Tavoni, research fellow at the Grantham Research Institute of the LSE and associate researcher at FEEM, gives practical examples on how experimental games can be integrated into more traditional lines of research on coalition formation and stability.

Nov
13
2014
 
Building Tomorrow's Europe. The Role of an "EU Energy Union"
by Simone Tagliapietra
Energy - Articles
 

What are the future prospects of a new "EU Energy Union"? After the 2014 Ukraine crisis, momentum has emerged around the need to create a truly European energy policy. This article argues that the EU should seize this historical opportunity to advance its energy policy, focusing on security of energy supply.

Nov
06
2014
 
Illiquidity and all its Friends. A Discussion by Franklin Allen
by Franklin Allen
Economics - Comments
 

Re3 is pleased to publish this comment by Franklin Allen, Nippon Life Professor of Finance and Economics, The Wharton School of the University of Pennsylvania, to the paper "Illiquidity and all its Friends" by Nobel laureate Jean Tirole, prior to its publication in the Journal of Economic Literature in 2011.

Oct
30
2014
 
Universal Access to Energy: a Reachable Target?
by Jacopo Bonan
Energy - Comments
 

Jacopo Bonan, Catholic University of Milan and LabExpo, Giangiacomo Feltrinelli Foundation, comments a selection of interviews to leading experts Ujjayant Chakravorty, Shonali Pachauri, Carlo Carraro, Stefano Bologna and Lucius Mayer-Tasch, collected during the International Workshop “Energy Poverty and Energy Access: Global Challenges and Goals" held in Milan on July 10, 2014.

Oct
23
2014
 
Is it Too Late for 2°C?
Thomas Stocker
Environment - Interviews
 

In this short interview, Thomas Stocker, IPCC WGI co-chair, discusses basic but important aspects of the physics of climate, which are often misunderstood by the public at large, focusing in particular on the 2°C target for global temperature rise.

Oct
16
2014
 
Rethinking African Solar Power for Europe
by Emanuele Massetti and Elena Claire Ricci
Energy - Articles
 

Concentrated solar power generation in Africa and the Middle East could potentially supply up to 20% of European power demand. However, it is currently much more expensive than fossil fuels and geo-political challenges need to be overcome. This article evaluates the technological, economic, and political feasibility of this idea.

Oct
09
2014
 
Climate Change Calls for Global, Comprehensive and Integrative Risk Management
by Grammenos Mastrojeni
Environment - Articles
 

A man-induced unbalance in nature could trigger an unbalance in human society that will re-impact nature and paralyze human response, initiating a potentially global, catastrophic cycle. What risks might we have to face? This article discusses the conception of a standard analysis approach to harness the complexity of global warming.

Oct
02
2014
 
Growth and Poverty Reduction in Africa
Francisco H. G. Ferreira
Economics - Interviews
 

Interviewed by Re3, Francisco H. G. Ferreira - World Bank Chief Economist Africa Region and Research Fellow at the Institute for the Study of Labor (IZA, Bonn) - discusses development policies in Africa, human capital empowerment and how to deal with religious and cultural conflicts and promote nation-building processes.

Sep
25
2014
 
Climate Change Impacts and Limited Market-driven Adaptation
by Francesco Bosello and Ramiro Parrado
Environment - Articles
 

This article by FEEM researchers Francesco Bosello and Ramiro Parrado addresses one specific criticism that can be raised against economic climate change impact assessments conducted with Computable General Equilibrium models: that of overly optimistic assumptions about markets’ ability to react to climate change induced shocks, i.e. market-driven adaptation.

Sep
18
2014
 
The Debate of the Green Paradox
by Yuting Li
Environment
 

The “Green Paradox”  theory  subverts the traditional theoretical foundation of  environmental policies. The question is whether the green paradox holds and how large the impact is, which has provoked debate among economists. Based on theoretical and empirical results this article tries to provide an unbiased evaluation of the theory.

Sep
11
2014
 
After the 2014 Ukraine Crisis: What's Next for the EU-Turkey Energy Relations?
by Simone Tagliapietra
Energy - Articles
 

What are the future prospects of EU-Turkey energy relations in the aftermath of the 2014 Ukraine crisis? This article summarizes the key results of a new study that outlines the urgent need to enhance the EU-Turkey energy partnership and proposes the establishment of a new “EU-Turkey Natural Gas Initiative”.

Sep
04
2014
 
Focusing Climate Change Policy on Health in Cities
by Sabrina Dekker
Environment - Articles
 

Current climate change policy focused on resilience, while effective, can acquire more depth with a health focus. How though, is the question? The social determinants of health can act as a guide for resilience-focused policy. The article reports the findings of a content analysis and a survey of 51 cities.

Jul
31
2014
 
Are Government Workers really more Public-Spirited than those in the Private Sector?
by Mirco Tonin and Michael Vlassopoulos
Economics - Articles
 

This article reports that indeed workers in the public sector are more likely to engage in socially motivated activities than their private sector counterparts. However, this is so just because the public services employ people with higher education and skills, characteristics that increase the likelihood of being socially engaged.

Jul
25
2014
 
The Birth of a Jihadist Caliphate
by Daniel Atzori
Economics - Articles
 

The jihadist group formerly known as ISIS, which already controls vast areas of Syria and Iraq, has recently proclaimed the restoration of the caliphate. This article discusses the presence of a jihadist state in the Middle East, which represents a formidable threat to the Arab state system.

Jul
17
2014
 
The Ukraine Debacle
by Anatol Lieven
Economics - Articles
 

In this article based on his recent lecture in FEEM, Anatol Lieven, King’s College London, explores the crisis in Ukraine, a country torn apart by ethnic strains and nationalism that has dramatically become a focal point of the international agenda, the real epicenter of European, United States and Russian negotiations.

Jul
10
2014
 
Light Duty Vehicle Battery Costs
Thomas Longden
Energy - Articles
 

Comparing the cost of batteries used in passenger vehicles can be problematic. This article aims to clarify some of the issues that have led to confusion when discussing the cost of batteries. Recently, confusion over both the current price and a break-through price of batteries has prevailed.

Jul
03
2014
 
Water Security Issue in the Caribbean Windward Islands
by Mattia Amadio
Environment - Articles
 

Focusing on water security and its link with sustainable development, the article identifies key drivers and stressors to both natural freshwater availability and national demand in the Windward Caribbean island states, evaluating how climate change and development may affect them.

Jun
20
2014
 
Can Research Support Climate Negotiation Processes and Policy?
by Jacopo Crimi
Environment - Articles
 

How can we achieve international cooperation for enforceable treaties? How should such treaties be structured? How effective would polycentric approaches be in reaching solutions? These are among the topics discussed during the workshop on Climate Change and Public Goods on June 9-10 by Valentina Bosetti, Carlo Carraro, Astrid Dannenberg, Partha Dasgupta, Ottmar Edenhoffer, Michael Finus, Philipp M. Hannam, Bard Harstad, Michael Hoel, Simon Levin , and Alessandro Tavoni. Here is a brief recap of the main lessons learned.

Jun
06
2014
 
The Global Revolution of Unconventional Oil. New Markets, New Governances, New Policies.
by John M. Deutch
Energy - Articles
 

John M. Deutch – Emeritus Institute Professor at the MIT - addresses the consequences related to the unconventional oil revolution, focusing on US foreign policy, the driving forces leading towards a new world energy balance, the role of new players in a renewed energy scenario and the political, sociological and geostrategic dynamics.

Jun
01
2014
 
Buy Coal to Solve Free Riding
Bård Harstad
Energy - Video
 

Bård Harstad received the 2013 Erik Kempe Award for his novel and insightful contribution to the study of international environmental policy in his paper “Buy Coal! A Case for Supply-Side Environmental Policy". In a short video, he explains to Re3 the logics behind his theory, and possibly why the jury chose this paper for the award.

May
22
2014
 
Home Team Advantage in the NRL
by Thomas Longden
Economics - Articles
 

The National Rugby League (NRL) competition provides an interesting example for an analysis of home team advantage as many of the Sydney teams in the NRL share stadiums. This article discusses recent work conducted by Longden and Kannard (2014) that confirms that playing at a traditional Sydney stadium does provide an advantage.

May
16
2013
 
Greening Economics: It is Time
by Carlo Carraro, Marianne Fay and Marzio Galeotti
Economics - Articles
 

The concept of environmental capital is thoroughly entrenched in policy discussions but largely missing from mainstream economic curriculums. This article argues that environmental externalities, climate change, and constraints on natural resources will constantly and deeply affect humankind’s future. The teaching of economics, especially growth economics, should stop ignoring them.

May
08
2014
 
The Impact of Salary Cap Violations in the NRL
by Thomas Longden
Economics - Articles
 

A salary cap has been in place in one of Australia’s most popular professional sports since 1990. Since 2001 there have been multiple cases where rugby league teams were found to have notably violated the salary cap. This article discusses recent work conducted to calculate the impact of these violations.

Apr
24
2014
 
The Relaunching of Negotiations on Green Goods and Services: Any Breakthrough in Sight?
by Jaime de Melo and Mariana Vijil
Environment - Articles
 

The Bali agreement last December has given new hopes that the WTO is not dead. But does the announcement that negotiations on the reductions of tariffs on environmental goods are to resume really give hope? This note argues that unless the field of negotiations is widened, the initiative will not help much.

Apr
18
2014
 
All You Need to Know About the IPCC 5th Assessment Report. Mitigation of Climate Change
Carlo Carraro, Alessandro Lanza and Massimo Tavoni
Environment - Interviews
 

In this new video, Italian Lead Authors Carlo Carraro, Alessandro Lanza and Massimo Tavoni summarise the main issues tackled by the third volume of the IPCC Fifth Assessment Report, dedicated to the mitigation of climate change.

Apr
11
2014
 
Projecting Future Insured Coastal Flooding Damages with Climate Change
by David C. Major, Daniel Bader, Robin Leichenko, Katie Johnson and Megan Linkin
Environment - Articles
 

Estimates of future damages from climate change in coastal areas are of growing interest for climate change research and policy-making.  The article describes a newly-developed methodology applied to estimate total insured coastal damages with climate change for the period 2025-2085 in New York State, USA.

Apr
03
2014
 
All You Need to Know about the IPCC Fifth Assessment Report. Impacts, Adaptation and Vulnerability
Francesco Bosello, Sergio Castellari , Jonathan Lynn and Riccardo Valentini
Environment - Interviews
 

Italian authors of the IPCC Report Francesco Bosello, Sergio Castellari and Riccardo Valentini explain the main issues tackled by the second volume of the IPCC Fifth Assessment Report, dedicated to climate change impacts. The video is introduced by Jonathan Lynn Head of Communications and Media Relations at IPCC.

Mar
27
2014
 
Urban Areas and Watershed Services: Strategies for Ecosystem Management and Urban Risk Reduction
by Yaella Depietri, Lorenzo Guadagno and Margaretha Breil
Environment - Articles
 

Under scenarios of increasing urban expansion, environmental degradation and hazard exposure, the vulnerability of urban populations needs to be tackled through novel, integrated solutions. The article suggests that urban areas would benefit from a shift in perspective recognizing the connections between urban areas and watersheds.

Mar
20
2014
 
The Future of Iran's Gas Market after the (potential) Nuclear Deal
by Simone Tagliapietra
Energy - Articles
 

This article summarizes the key results of a study aimed at analyzing Iran’s natural gas market outlook in the aftermath of a potential nuclear deal, looking at potential production trends and export options, but also at the political and commercial barriers that such a development will likely have to face.

Mar
13
2014
 
Time Overruns in Public Procurement and Concession Contracts: penalty fee and option value to delay
by Chiara D'Alpaos and Sergio Vergalli
Economics - Articles
 

Evidence from procurement and concession contracts shows that time overruns are widespread. This article summarizes two studies that investigate causes of time overruns in public procurement and concession contracts and determine the trade-off between the supplier’s option value to delay and the penalty fee to be paid for the delay.

Mar
06
2014
 
The Uneven Impacts of Climate Change
Robert O. Mendelsohn
Environment - Interviews
 

Interviewed by Re3, Professor Robert O. Mendelsohn, Yale School of Forestry and Environmental Studies, discusses the effects of climate change on sectors such as Agriculture, Heating & Cooling, Sea Level Rise and the Water Cycle.

Feb
27
2014
 
Educational Expenditure and Remittances: Is there a Link?
by Cristina Cattaneo
Economics - Articles
 

Are transfers from members living abroad a stimulus to a key sector such as schooling in Albania? The article summarizes the results of a study investigating which factors boost the household expenditure in education, with a special emphasis on the remittances sent to Albanian families from migrants living abroad.

Feb
20
2014
 
Money Creation: The Role of Trust for Public Happiness and Sustainable Growth
by Nicola Genovese and Maria Grazia La Spada
Economics - Articles
 

The article discusses the creation of money in primitive populations at the beginning of economic activity, within a social environment where interpersonal trust, reciprocity and moral principles were prevalent. The analysis highlights the need to create a social environment based on these values for obtaining public happiness and sustainable development.

Feb
07
2014
 
Behavioral Economics for Environmental Decisions
Rachel T.A.Croson
Economics - Interviews
 

Rachel Croson's talk at EAERE 2013 discussed the origins and current state of this behavioral policy research, and highlighted open questions and opportunities for new explorations. In this short video-interview granted to Re3, she gives a summary overview of this relatively new field of study for neophites.

Jan
30
2014
 
Trends and Challenges for Environmental-Ecologic Indicators and Assessments
by Francesco Bosello and Lorenza Campagnolo
Environment - Articles
 

What is the state of the art of environmental indicators? What are the drawbacks of past approaches, the strengths of new methodologies and challenges ahead? This article is an overview of the final conference of the Environmental Indicators Workshop (December 2013) within the EU-FP7 project e-Frame, European Framework for Measuring Progress.

Jan
23
2014
 
Benefits and Related Threats of Coral Reef Ecosystem Services
by Sabah Abdullah
Environment - Articles
 

Users, stakeholders and decision makers need to reconsider their strategies, roles and perceptions in meeting the challenges confronted by diverse marine ecosystems, such as coral reefs.  Moreover, what is urgently needed in benefit estimation of coral reef services is the interconnectedness of this ecosystem state to human welfare.

Jan
16
2014
 
Turkey as a Regional Natural Gas Hub: Myth or Reality?
by Simone Tagliapietra
Energy - Articles
 

This article presents the key results of a field study carried out in Istanbul by FEEM researcher Simone Tagliapietra with the aim of exploring Turkey’s potential to become a regional gas hub by analyzing the future prospects of the Southern Gas Corridor and of the potential Eastern Mediterranean Gas Corridor.

Jan
09
2014
 
Nuclear Expansion or Phase-Out? Costs and Opportunities
by Enrica De Cian, Samuel Carrara and Massimo Tavoni
Energy - Articles
 

After the Fukushima incident in 2011, many countries decided to revise their nuclear power programmes. Phasing out nuclear power would be costly, but the article shows that these costs would be largely offset by the implicit subsidy to R&D in renewables, which suffer from innovation externalities.

Dec
19
2013
 
Rethinking Global Natural Gas Markets: New Challenges and Opportunities Ahead
by Manfred Hafner and Simone Tagliapietra
Energy - Book Reviews
 

In their volume "The Globalization of Natural Gas Markets: New Challenges and Opportunities for Europe", Manfred Hafner and Simone Tagliapietra provide a comprehensive analysis of the challenges and opportunities of the global gas industry, with the aim to provide a clear snapshot of a market characterized by growing uncertainty and volatility.

Dec
12
2013
 
The Extraordinary Evolution of the Global Gas Industry
Jacqueline Bucher, Anne-Sophie Corbeau, Jacques de Jong, Arild Moe, Michele Polo and John Roberts
Energy - Interviews
 

In short interviews granted during the recent FEEM Gas Talks held in Milan on November 5-6, 2013, leading energy experts debate on European gas demand and supply and on the future of gas pricing and European gas governance, shedding  light on a market characterized by growing uncertainty and volatility.

Dec
05
2013
 
Towards a Sustainable University – The Ca’ Foscari Experience
by Chiara Mio
Economics - Book Reviews
 

The path towards sustainability needs a deep cultural change, starting with the education of responsible citizens. In her recent book “Towards a Sustainable University” Chiara Mio describes a strategic and organizational sustainability approach in the context of universities, both from an academic literature perspective and from a real case example.

Nov
29
2013
 
What Happened at COP 19?
Steffen Kalbekken, Sara Venturini, Mariagrazia Midulla and Federico Antognazza
Environment - Interviews
 

The last COP19/CMP9 United Nations Climate Change Conference was held in Warsaw, Poland on 11-22 November 2013. Re3 publishes a 4-minute interview with key experts to understand the goals and main results of the meeting.

Nov
21
2013
 
Efficiency and Acceptability of Climate Policies: Race Against the Lock-ins
Julie Rozenberg, Adrien Vogt-Schilb and Stephane Hallegatte
Environment - Articles
 

Capital-based policies are more politically acceptable than a carbon price as they do not create immediate losers. However, they reduce emissions slower and need to be implemented sooner. Delaying their implementation may create a political-economy lock-in (easier-to-implement policies become unavailable) and an economic lock-in (the target becomes more expensive).

Nov
14
2013
 
The Latest Insights on Green Growth Measurement
Carlo Carraro, Fabio Eboli, Marianne Fay, Paul Schreyer and Michaela Saisana
Environment - Interviews
 

The "Methodologies and Indicators for Green Growth measurement" conference of November 12, 2013 assessed the state of the art in quantitative measurement of sustainability, and presented the updated findings of the FEEM SI Index 2013. Re3 hosts the interviews with the keynote speakers, their presentations and the video of the event.

Nov
07
2013
 
When Collaboration becomes Value Creation. A New Relationship between Companies and Citizens
by Ilaria Pais
Economics - Articles
 

The article focuses on the rise of a model of citizenship based on responsibility and awareness of emerging challenges. Citizens and firms become partners of a commitment aimed to generate a positive impact on society, and to transform the model of Business Sustainability into an innovative and modern paradigm.

Oct
31
2013
 
FEEM Sustainability Index 2013
by Fabio Eboli
Environment - Articles
 

After the Rio+20 UN Conference in 2012, the debate on sustainable development has focused on monitoring the progress in wellbeing, paving the way for the transition from Millennium Development Goals to Sustainable Development Goals. Re3 hosts the most updated findings of FEEM’s Sustainability Index disclosed officially on November 12 2013.

Oct
25
2013
 
Urban Risks and Climate Change
Anthony Bigio
Environment - Interviews
 

One year after Sandy hit New York, Anthony Bigio, George Washington University and IPCC Lead Author Working Group III, focuses on the key concepts of urban risks, climate change and resilience. Re3 publishes a synthesis of his keynote address delivered at the 2013 FEEM and CMCC convention.

Oct
17
2013
 
Including non-CO2 Emissions in the European ETS
by Carlo Orecchia and Ramiro Parrado
Environment - Articles
 

What is the role of non-CO2 emissions in climate change mitigation efforts? This article aims at a quantitative assessment of the extension of the European Emissions Trading System (ETS) to allow for the exchange of permits for non-CO2 greenhouse gases emissions and at evaluating its impact on policy costs and the composition of output.

Oct
10
2013
 
Environmental Effects of Residential Consumption Behaviours in the Czech Republic
by Milan Scasny
Environment - Book Reviews
 

How are different consumption activities structured within the Czech society, and what effects do they have on the environment? This new volume by Milan Scasny, Jan Urban and Iva Zverinova proposes examples of policy measures and tools aimed at reducing the adverse environmental effects of residential consumption behaviours.

Oct
03
2013
 
Financing the European Energy Infrastructure of the Future
by Simone Tagliapietra
Energy - Articles
 

The European energy infrastructure is ageing and, in its current state, is not suited to match future demand for energy, to ensure security of supply or to support large-scale deployment of energy from renewable sources. This article explores innovative tools to promote private sector financing of energy infrastructure projects.

Sep
27
2013
 
Climate change: everything you need to know about the IPCC 5th Assessment Report
Carlo Carraro, Carlo Barbante, Paolo Ruti, Antonio Navarra
Environment - Interviews
 

The publication of the Fifth Assessment Report  of the Intergovernmental Panel on Climate Change  marks a key event in the international debate on climate change. The Summary for Policymakers in the first part of the Report (Working Group I contribution), focused on the physical science basis of climate change, has been released today, Sept. 27 2013.

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