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The carbon buyers’ club- international emissions trading beyond Paris

Georg Zachmann ()

Policy Briefs from Bruegel

Abstract: The issue Mitigating greenhouse gas emissions is more difficult in some countries than in others. International emissions trading can help to reduce the overall cost of mitigation and ensure that companies in different countries face the same carbon price. Lower costs and tackling competitiveness concerns can enable higher levels of climate ambition. The Paris Agreement explicitly provides for international emissions trading, but the rules governing trading still need to be...

Date: 2017-04
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
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