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100   $a20170301d2017      uy         0
101 0 $aeng
135   $auuuuu---auuuu
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 00$aGlobal Carbon Pricing$eThe Path to Climate Cooperation /$fedited by Peter Cramton, David JC MacKay, Axel Ockenfels, and Steven Stoft
210  1$aCambridge, MA :$cMIT Press,$d[2017]
210  4$d©[2017]
215   $a1 online resource (268)
311   $a0-262-34039-9 
320   $aIncludes bibliographical references and index.
330   $aWhy 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.ContributorsRichard N. Cooper, Peter Cramton, Ottmar Edenhofer, Christian Gollier, Éloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman
606   $aGreenhouse gas mitigation
606   $aEnvironmental impact charges
606   $aCarbon taxes
608   $aElectronic books. 
615  0$aGreenhouse gas mitigation.
615  0$aEnvironmental impact charges.
615  0$aCarbon taxes.
676   $a363.738/746
702   $aOckenfels$b Axel
702   $aMacKay$b David J. C.
702   $aCramton$b Peter C.
801  0$bMdBmJHUP
801  1$bMdBmJHUP
906   $aBOOK
912   $a9910306634303321
996   $aGlobal carbon pricing$92252519
997   $aUNINA