An empirical study published in the Journal of Political Economy finds that VAT cuts are less likely to be passed on to consumer prices than VAT hikes. Following a temporary VAT cut, prices can even be higher than on onset.
Economics & Business
Sep 2, 2020
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Despite commitments to cut CO2 emissions and limit global warming between 1.5-2 °C under the Paris Agreement, fossil fuel emissions show little sign of abating. According to new estimates from a group of scientists in 2019, ...
Earth Sciences
Feb 3, 2020
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6
The Global Carbon Project recently released its 2019 annual report, giving decision-makers access to data on atmospheric carbon concentrations, emissions and trends. Illinois atmospheric scientist Atul Jain is among the many ...
Environment
Dec 10, 2019
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The Trump administration announced Thursday its final plan to open Alaska's Arctic National Wildlife Refuge to oil drilling, giving the petroleum industry access to the pristine wildland for the first time.
Environment
Sep 13, 2019
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Homelessness is a persistent and significant public policy and public health challenge, disproportionately affecting veterans. However, the fiscal year 2020 budget negotiated between President Donald Trump and Speaker Nancy ...
Social Sciences
Sep 10, 2019
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10
After receiving letters and prodding by Florida's state and federal lawmakers, President Donald Trump changed course Monday, announcing his support of a $200 million push to fund projects aimed at restoring Florida's Everglades ...
Environment
May 14, 2019
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7
Cathay Pacific's purchase of rival HK Express was an inevitable plunge into the no-frills market as the premier marque belatedly faces the reality that it can no longer ignore the budget sector, analysts say.
Business
Apr 2, 2019
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7
On Dec. 5, the Global Carbon Project published the Global Carbon Budget 2018, giving world leaders access to data on atmospheric carbon concentrations, emissions and trends. Illinois atmospheric scientist Atul Jain was among ...
Environment
Dec 6, 2018
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6
Following approval of the massive US tax cut, a majority of economists now say fiscal policy is adding too much fuel to the world's largest economy, according to a survey published Monday.
Economics & Business
Feb 26, 2018
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14
OPEC member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, a top executive said on Wednesday.
Environment
Jan 31, 2018
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