Global carbon pricing : the path to climate cooperation / edited by Peter Cramton, David JC MacKay, Axel Ockenfels, and Steven Stoft.
Why the traditional "pledge and review" climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed. After twenty-five years of failure, climate negotiations continue to use a "pledge and review" approach: countries pledge (almost anythin...
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