The Fondazione Eni Enrico Mattei (FEEM) is a no-profit, no-partisan research institution established to carry out research in the field of sustainable development. Recognised by the President of the Italian Republic in July 1989, it has since become a leading international research centre. One of its principal aims is to promote interaction between academic, industrial and public policy spheres in order to comprehensively address concerns about economic development and environmental degradation. FEEM circulates a series of working papers in English collecting the output of research in the field of economics, energy and the environment and the presentations made at international workshops and congresses. FEEM's Note di Lavoro are classified into the following series:

ASD: Agenda 2030 and Sustainable Development

EET: Econometrics of the Energy Transition

GET: Geopolitics and the Energy Transition

MET: Modelling the Energy Transition

TET: Technologies for the Energy Transition

AFRICA:REP: Africa Research, Empowerment, Partnership

FEP: Future Energy Program

FACTS: Firms And Cities Towards Sustainability

ES: Economy and Society

CSI: Climate and Sustainable Innovation

MITP: Mitigation, Innovation and Transformation Pathways

CCSD: Climate Change and Sustainable Development

EIA: Climate Change: Economic Impacts and Adaptation

ERM: Energy: Resources and Markets

ESP: Energy Scenarios and Policy

SAS: Society and Sustainability

ETA: Economic Theory and Applications

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Papers from 2012

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Trade in a 'Green Growth' Development Strategy, Jaime de Melo

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Optimal Conservation Policy Under Imperfect Intergenerational Altruism, Luca Di Corato

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Land Conversion Pace under Uncertainty and Irreversibility: too fast or too slow?, Luca Di Corato, Michele Moretto, and Sergio Vergalli

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Domestic Politics and the Formation of International Environmental Agreements, Simon Dietz, Carmen Marchiori, and Alessandro Tavoni

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Should We Be Worried About the Green Paradox? Announcement Effects of the Acid Rain Program, Corrado Di Maria, Ian Lange, and Edwin van der Werf

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Procurement with Unenforceable Contract Time and the Law of Liquidated Damages, Cesare Dosi and Michele Moretto

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Disentangling the Stern/Nordhaus Controversy: Beyond the Discounting Clash, Etienne Espagne, Baptiste Perrissin Fabert, Antonin Pottier, Franck Nadaud, and Patrice Dumas

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Advanced Biofuels: Future Perspectives from an Expert Elicitation Survey, Giulia Fiorese, Michela Catenacci, Elena Verdolini, and Valentina Bosetti

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Land-use Change and Solar Energy Production: A Real Option Approach, Ardjan Gazheli and Luca Di Corato

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Development Accounting with Intermediate Goods, Jan Grobovšek

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Relaxing Constraints as a Conservation Policy, Ben Groom and Charles Palmer

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The Role of Oscillatory Modes in U.S. Business Cycles, Andreas Groth, Michael Ghil, Stéphane Hallegatte, and Patrice Dumas

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Development Finance for Universal Energy Access, Giorgio Gualberti, Morgan Bazilian, Erik Haites, and Maria da Graça Carvalho

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2C or Not 2C?, Céline Guivarch and Stéphane Hallegatte

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The Market Value of Variable Renewables, Lion Hirth

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Redistribution Effects of Energy and Climate Policy: The Electricity Market, Lion Hirth and Falko Ueckerdt

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The Environment and Directed Technical Change: Comment, Jean-Charles Hourcade, Antonin Pottier, and Etienne Espagne

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Conceptualizing Urban Adaptation to Climate Change Findings from an Applied Adaptation Assessment Framework, Katie Johnson and Margaretha Breil

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Citation Success Over Time: Theory or Empirics?, David W. Johnston, Marco Piatti, and Benno Torgler

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Coalition Formation in Generalized Apex Games, Dominik Karos

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Adaptive Policy Mechanisms for Transboundary Air Pollution Regulation: Reasons and Recommendations, J. Andrew Kelly and Herman R.J. Vollebergh

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Combining Climate and Energy Policies: Synergies or Antagonism? Modeling interactions with energy efficiency instruments, Oskar Lecuyer and Ruben Bibas

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Criminal Networks: Who is the Key Player?, Xiaodong Liu, Eleonora Patacchini, Yves Zenou, and Lung-Fei Lee

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Deviations in Kilometres Travelled: The Impact of Different Mobility Futures on Energy Use and Climate Policy, Thomas Longden

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Returns in Commodities Futures Markets and Financial Speculation: A Multivariate GARCH Approach, Matteo Manera, Marcella Nicolini, and Ilaria Vignati

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Why do Firms Hold Oil Stockpiles?, Charles F. Mason

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Output Quality and Sources of Profit Change in the English and Welsh Water and Sewerage Companies, Alexandros Maziotis, David S. Saal, and Emmanuel Thanassoulis

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Profit, Productivity and Price Performance Changes in The English and Welsh Water and Sewerage Companies, Alexandros Maziotis, David S. Saal, and Emmanuel Thanassoulis

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Modelling Land Use, Land-Use Change, and Forestry in Climate Change: A Review of Major Approaches, Melania Michetti

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Improving Land-use modelling within CGE to assess Forest-based Mitigation Potential and Costs, Melania Michetti and Ramiro Parrado

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The Equivalence of Strict Liability and Negligence Rule: A « Trompe l'œil » Perspective, Gérard Mondello

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Oil Price Dynamics, Macro-Finance Interactions and the Role of Financial Speculation, Claudio Morana

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The Oil price-Macroeconomy Relationship since the Mid- 1980s: A global perspective, Claudio Morana

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Cross-Border Intellectual Property Rights: Contract Enforcement and Absorptive Capacity, Alireza Naghavi and Yingyi Tsai

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The Energy Sector in Mediterranean and MENA Countries, Marcella Nicolini and Simona Porcheri

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The Evolution of Renewable Energy Policy in OECD Countries: Aggregate Indicators and Determinants, Francesco Nicolli and Francesco Vona

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Fossil Fuel Extraction and Climate Policy: A Review of the Green Paradox with Endogenous Resource Exploration, Ines Österle

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Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural, Lionel Page, David Savage, and Benno Torgler

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What Social Cost of Carbon? A mapping of the Climate Debate, Baptiste Perrissin Fabert, Patrice Dumas, and Jean-Charles Hourcade

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The “Doomsday” Effect in Climate Policies. Why is the Present Decade so Crucial to Tackling, Baptiste Perrissin Fabert, Etienne Espagne, Antonin Pottier, and Patrice Dumas

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Integrating Water Resources into Computable General Equilibrium Models - A Survey, Roberto Ponce, Francesco Bosello, and Carlo Giupponi

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Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems, Matthew Ranson and Robert N. Stavins

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Building SSPs for Climate Policy Analysis: A Scenario Elicitation Methodology to Map the Space of Possible Future Challenges to Mitigation and Adaptation, Julie Rozenberg, Céline Guivarch, Robert Lempert, and Stéphane Hallegatte

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Mapping Ecosystem Services’ Values: Current Practice and Future Prospects, Jan Philipp Schägner, Luke Brander, Joachim Maes, and Volkmar Hartje

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Scanning for Global Greenhouse Gas Emissions Reduction Targets and their Distributions, Stefan P. Schleicher and Angela Köppl

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The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment, Richard Schmalensee and Robert N. Stavins

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REMIND-D: A Hybrid Energy-Economy Model of Germany, Eva Schmid, Brigitte Knopf, and Nico Bauer

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Intermediation in Networks, Jan-Peter Siedlarek

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The Nexus Land-Use Model, an Approach Articulating Biophysical Potentials and Economic Dynamics to Model, F. Souty, T. Brunelle, P. Dumas, B. Dorin, P. Ciais, and R. Crassous

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Bounded Rationality and Voting Decisions Exploring a 160-Year Period, David Stadelmann and Benno Torgler