Global carbon pricing : the path to climate cooperation
- edited by Peter Cramton, David JC MacKay, Axel Ockenfels, and Steven Stoft.
- Cambridge, Massachusetts : The MIT Press, 
- Physical description
- xv, 252 pages : illustrations ; 24 cm
- Includes bibliographical references and index.
- Why Paris did not solve the climate dilemma / 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
- 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 W.H. Parry
- 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
- From the Paris Agreement to tthe carbon convergence / Éloi Laurent
- An international carbon-price commitment promotes cooperation / Peter Cramton, Axel Ockenfels and Steven Stoft.
- Publisher's Summary
- 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, Eloi Laurent, David JC MacKay, William Nordhaus, Axel Ockenfels, Joseph E. Stiglitz, Steven Stoft, Jean Tirole, Martin L. Weitzman.
(source: Nielsen Book Data)9780262036269 20170821
- Publication date
- Title Variation
- Path to climate cooperation
- 9780262036269 hardcover ; alkaline paper
- 0262036266 hardcover ; alkaline paper
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