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The Idea of Global CO2 Trade
Gert Tinggaard Svendsen Working Papers from Aarhus School of Business - Department of Economics
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: H41 Q28 F1 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:fth:aascbu:98-13
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