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
Challenges of the Paris Agreement
Greening the WTO
Energy: Scenarios and Challenges
Life is a Balancing Act
Energy Efficiency in Turkey
What about European Gas Markets?
ARTICLES
 
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
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.



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