Environmental pollution is mainly caused by carbon emissions, so emission reduction our top priority now. Carbon-containing greenhouse gas emissions come from the following aspects: (1) fossil fuel combustion; (2) leakage and volatilization in process of extraction, processing, transportation, industrial utilization; (3) traditional biomass combustion. The effect will cause an increase temperat...

This paper studies and compares the welfare effects of emission taxes and emission standards in a general equilibrium model with two sectors in which plants can freely enter and exit. In one of the sectors plants differ in their productivity, produce differentiated goods, and generate emissions that can be reduced using an abatement technology. An emission reduction policy causes resource reall...

In this paper, I examine the effect of corporate greenhouse gas emissions (GHG) on profitability. use gender composition CEOs' children as an identification strategy to investigate impact GHG profits. CEOs who father a daughter are associated with 10% reduction in emissions. The emissions, turn, improves A one standard deviation decrease leads 0.14 deviations increase Examining channels, show t...

We consider the emission reduction process involving several countries, in which the countries negotiate, in steps, frequently enough, on small, local emission reductions and implement their decisions right away. In every step, the countries either find a mutually acceptable local emission reduction vector and use it as a local emission reduction plan, or terminate the emission reduction proces...