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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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”.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
IEW N. 2013.01
Water and Sewerage Industries
European Monetary Union
EU Energy Policy
Foreign Direct Investment