Price Is a Better Climate Commitment

Peter Cramton and Stoft Steven

The Economists' Voice, 2010, vol. 7, issue 1, 7

Abstract: At the international level, a global carbon price is a better form of commitment to reduce carbon emissions than a system of national caps. Peter Cramton and Steven Stoft outline a price-based approach that is simple, effective, and remarkably affordable.

Date: 2010
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DOI: 10.2202/1553-3832.1718

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