In recent years, the parties of the United Nations Framework Convention on Climate Change (UNFCCC) failed to negotiate a follow‐up agreement of the Kyoto Protocol. The commitment period of the Kyoto Protocol…
The Kyoto Protocol mandates a reduction of greenhouse gas emissions to countervail climate change. As a consequence, the EU has introduced the European Emissions Trading Scheme (EU ETS) to achieve a reduction of…
Oil revenues play an important role in the political economy of Iran. On average, 60% of the Iranian government revenues and 90% of export revenues originate from oil and gas resources. Current international…