Abstract:
The US ahs been criticized for wanting to earn a fortune on a global CO2 market. However, compared to the situation without trade and provided that such a market is designed so that it does not pay to cheat, a global CO2 market may provide the world with an epoch-making means of cost-effective control which can solve future global environmental problems.
Keywords:AIR POLLUTION; TRADE; ENVIRONMENT (search for similar items in EconPapers) JEL-codes:H41Q28F1 (search for similar items in EconPapers) Date: 1998
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More papers in Working Papers from Aarhus School of Business - Department of Economics Address: Department of Economics, Faculty of Business Administration. The Aarhus School of Business. Fuglesangs Alle 4. DK- 8210 Aarhus V - Denmark Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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