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Global carbon pricing : the path to climate cooperation / edited by Peter Cramton, David JC MacKay, Axel Ockenfels, and Steven Stoft.
Format
Book
Language
English
Published/Created
Cambridge, MA : MIT Press, [2017]
Description
xv, 252 pages : illustrations ; 24 cm
Availability
Available Online
OAPEN Open
Project MUSE Open Access Books
DOAB Directory of Open Access Books
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Location
Call Number
Status
Location Service
Notes
Firestone Library - Stacks
HJ5316 .G56 2017
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Details
Subject(s)
Carbon taxes
[Browse]
Environmental impact charges
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Greenhouse gas mitigation
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Editor
Cramton, Peter C.
[Browse]
MacKay, David J. C.
[Browse]
Ockenfels, Axel
[Browse]
Stoft, Steven
[Browse]
Summary note
After twenty-five years of failure, climate negotiations continue to use a "pledge and review" approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate model for climate agreements, drawing on the work of the late Nobel laureate Elinor Ostrom and others. They show that a "common commitment" scheme is more effective than an "individual commitment" scheme; the latter depends on altruism while the former involves reciprocity ("we will if you will"). The contributors propose that global carbon pricing is the best candidate for a reciprocal common commitment in climate negotiations. Each country would commit to placing charges on carbon emissions sufficient to match an agreed global price formula. The contributors show that carbon pricing would facilitate negotiations and enforcement, improve efficiency and flexibility, and make other climate policies more effective. Additionally, they analyze the failings of the 2015 Paris climate conference. -- Provided by publisher.
Bibliographic references
Includes bibliographical references and index.
Contents
Preface
Introductory chapters
Why Paris did not solve the climate dilemma / Richard Cooper, Peter Cramton, StÃphane Dion, Ottmar Edenhofer, Christian Gollier, Ãloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph Stiglitz, Steven Stoft, Jean Tirole and Martin L. Weitzman
Price carbon : I will if you will / David MacKay, Peter Cramton, Axel Ockenfels and Steven Stoft
Reflections on the international coordination of carbon pricing / Ian Parry
Perspectives on cooperation and global carbon pricing
Global carbon pricing / Peter Cramton, Axel Ockenfels and Steven Stoft
The case for pricing greenhouse gas emissions / Richard N. Cooper
Overcoming the Copenhagen failure with flexible commitments / Joseph E. Stiglitz
Climate clubs and carbon pricing / William Nordhaus
How a minimum carbon price commitment might help to internalize the global : warming externality / Martin L. Weitzman
Climate policy at an impasse / Ottmar Edenhofer and Axel Ockenfels
Effective institutions against climate change / Christian Gollier and Jean Tirole
Climate action beyond the Paris Accord / StÃphane Dion and Ãloi Laurent
An international carbon-price commitment promotes cooperation / Peter Cramton, Axel Ockenfels and Steven Stoft.
Show 12 more Contents items
ISBN
9780262036269 ((hardcover ; : alk. paper))
0262036266 ((hardcover ; : alk. paper))
LCCN
2016045856
OCLC
959263265
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Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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Global Carbon Pricing The Path to Climate Cooperation / edited by Peter Cramton, David JC MacKay, Axel Ockenfels, and Steven Stoft.
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