TY  - BOOK
AU  - Bureau,Dominique
TI  - The Economics of a Global Climate Agreement: An Introduction
PY  - 2009///.
							
N1  - 65
N2  - The 1997 Kyoto Protocol outlined an architecture for international action to cope with climate risk. The framework combines greenhouse-gas emission targets that are legally binding on individual countries and a mechanism for trading these quotas. We use a canonical model to study the economics of emission permit markets applied to greenhouse gases. We stress that in this case, in the absence of a higher authority, the quota market needs to be set up through negotiations between countries. Using the model as a benchmark, we review the issues currently under discussion regarding changes in the United Nations Framework Convention on Climate Change (UNFCCC)
UR  - https://shs.cairn.info/journal-economie-et-prevision-1-2009-4-page-1?lang=en&redirect-ssocas=7080
ER  -