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The international climate change regime and general principles of law
Review of European, Comparative &International Environmental Law, Volume 35, Issue 2, Page 321-339, July 2026.Abstract The Climate Change Advisory Opinion (AO) by the International Court of Justice (ICJ) demonstrates the growing prominence of general principles of law in international law. The Climate Change AO was handed down at the end of the International Law Commission's project on general principles of law with the adoption of its Draft Conclusions.
Renatus Otto Franz Derler, Mads Andenas
wiley +1 more source
A Third Benefit of Joint Non-OPEC Carbon Taxes: Transferring OPEC Monopoly Rent [PDF]
This paper highlights the potential for joint OECD (or non-OPEC) carbon taxes to reduce OPEC’s monopoly rent and provide benefit to non-OPEC countries provided jointly agreed trigger strategies are adhered to.
Yan Dong, John Whalley
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Fossil fuel feuds and the ICJ Advisory Opinion on Climate Change
Review of European, Comparative &International Environmental Law, Volume 35, Issue 2, Page 349-365, July 2026.Abstract The Advisory Opinion on Obligations of States in Respect of Climate Change by the International Court of Justice (ICJ) breaks new ground by clearly identifying fossil fuel production, licensing and subsidisation among the activities to which international climate change obligations apply, going as far as suggesting that such activities may ...
Harro van Asselt, Tejas Rao
wiley +1 more source
Does OPEC act as a Residual Producer? [PDF]
In the conventional energy modeling systems, such as the one followed by the National Energy Modeling System (NEMS), USA or the International Energy Agency (IEA), Paris, the OPEC has been assumed to act like a residual producer.
Bandyopadhyay, Kaushik Ranjan
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The impact of political stability on economic growth in OPEC countries
EncuentrosNations endowed with rich natural resources have experienced substantial hindrances to their economic development due to political instability. Given that the Organization of the Petroleum Exporting Countries (OPEC) is a major oil producer, its ...
Dhafer Aldabagh +3 more
doaj +1 more source
Walras–Bowley Lecture: Climate Policy in the Wide World
Econometrica, Volume 94, Issue 4, Page 1061-1093, July 2026.We construct a dynamic integrated assessment model of climate and the economy with very high geographic resolution. Migration is free within, but not allowed across, countries. The model parameterization uses a wealth of data, including the distribution of output, population, energy sources and use, and estimates of the local damages from climate ...
John Hassler +2 more
wiley +1 more source
OPEC as a Social Welfare Maximizer [PDF]
We maximize OPEC's social welfare from their oil production including the domestic as well as the export market. For welfare maximization OPEC countries should set domestic oil price equal to the marginal revenues from the oil export market and ...
Dahl, Carol A., Celta, D.J.
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What Explains International Interest Rate Co‐Movement?
Journal of Applied Econometrics, Volume 41, Issue 4, Page 343-359, June/July 2026.ABSTRACT The international co‐movement of interest rates reflects correlated business‐cycle fluctuations, largely driven by demand shocks. Monetary policy in advanced economies follows domestic mandates—inflation and the output gap—and does not respond to foreign policy shocks.
Annika Camehl, Gregor von Schweinitz
wiley +1 more source
Does OPEC still exist as a cartel? An empirical investigation [PDF]
The aim of this paper is to determine if OPEC acts as a cartel by testing whether the production decisions of the different countries are coordinated and if they have an influence on oil prices.
Emmanuel Hache +2 more
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Measuring the security of energy exports demand in OPEC economies
, 2013 One of the objectives of OPEC is the security of demand for the crude oil exports of its members. Achieving this objective is imperative with the projected decline in OECD countries' crude oil demand among other crude oil demand shocks.
Dike, Jude C.
core +1 more source