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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Bibliographic Details
Other Authors: Ockenfels, Axel (Editor), MacKay, David J. C. (Editor), Cramton, Peter C. (Editor), Stoft, Steven (Editor)
Format: Electronic eBook
Language:English
Published: Cambridge, Massachusetts : The MIT Press, [2017]
Subjects:
Online Access:Click for online access
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245 0 0 |a Global carbon pricing :  |b the path to climate cooperation /  |c edited by Peter Cramton, David JC MacKay, Axel Ockenfels, and Steven Stoft. 
264 1 |a Cambridge, Massachusetts :  |b The MIT Press,  |c [2017] 
264 4 |c ©2017 
300 |a 1 online resource (xv, 252 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a data file 
504 |a Includes bibliographical references and index. 
588 0 |a Print version record. 
505 0 0 |t Why Paris did not solve the climate dilemma /  |r Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph Stiglitz, Steven Stoft, Jean Tirole, and Martin L. Weitzman --  |t Price carbon : I will if you will /  |r David JC MacKay, Peter Cramton, Axel Ockenfels, and Steven Stoft --  |t Reflections on the international coordination of carbon pricing /  |r Ian W.H. Parry --  |t Global carbon pricing /  |r Peter Cramton, Axel Ockenfels, and Steven Stoft --  |t The case for pricing greenhouse gas emissions /  |r Richard N. Cooper --  |t Overcoming the Copenhagen failure with flexible commitments /  |r Joseph E. Stiglitz --  |t Climate clubs and carbon pricing /  |r William Nordhaus --  |t How a minimum carbon price commitment might help to internalize the global warming externality /  |r Martin L. Weitzman --  |t Climate policy at an impasse /  |r Ottmar Edenhofer and Axel Ockenfels --  |t Effective institutions against climate change /  |r Christian Gollier and Jean Tirole --  |t From the Paris agreement to the carbon convergence /  |r Éloi Laurent --  |t An international carbon-price commitment promotes cooperation /  |r Peter Cramton, Axel Ockenfels, and Steven Stoft. 
520 |a 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 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. Contributors: Richard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Eloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman 
546 |a English. 
650 0 |a Greenhouse gas mitigation. 
650 0 |a Environmental impact charges. 
650 0 |a Carbon taxes. 
650 0 |a Environmental economics. 
650 7 |a Business & Economics  |x Environmental Economics.  |2 bisacsh 
650 7 |a Science  |x Global Warming & Climate Change.  |2 bisacsh 
650 7 |a Carbon taxes  |2 fast 
650 7 |a Environmental economics  |2 fast 
650 7 |a Environmental impact charges  |2 fast 
650 7 |a Greenhouse gas mitigation  |2 fast 
700 1 |a Ockenfels, Axel,  |e editor.  |1 https://id.oclc.org/worldcat/entity/E39PBJy8t6JtyjXVWghKmYjBfq 
700 1 |a MacKay, David J. C.,  |e editor.  |1 https://id.oclc.org/worldcat/entity/E39PBJxWPXKkXXyDgcRhJrY773 
700 1 |a Cramton, Peter C.,  |e editor.  |1 https://id.oclc.org/worldcat/entity/E39PBJwmWy8Rr47xVvpp6XkFKd 
700 1 |a Stoft, Steven,  |e editor.  |1 https://id.oclc.org/worldcat/entity/E39PCjGgDHP9hxpwMXqpgHj4hd 
758 |i has work:  |a Global carbon pricing (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCFJhDxxbrHw79RrXrmFfG3  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |t Global Carbon Pricing.  |d Cambridge, MA : MIT Press, [2017]  |w (DLC) 2016045856 
856 4 0 |u https://muse.jhu.edu/book/60847  |y Click for online access 
856 4 0 |u https://holycross.idm.oclc.org/login?auth=cas&url=https://doi.org/10.7551/mitpress/10914.001.0001?locatt=mode:legacy  |y Click for online access 
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903 |a MIT-D2O-Backfile-Complete 
994 |a 92  |b HCD