000 01315cam a2200205 4500500
005 20250121053603.0
041 _afre
042 _adc
100 1 0 _aBureau, Dominique
_eauthor
245 0 0 _aThe Economics of a Global Climate Agreement: An Introduction
260 _c2009.
500 _a65
520 _aThe 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).
690 _ainternational cooperation
690 _apermit markets
690 _aKyoto Protocol
690 _aglobal public good
786 0 _nEconomie & prévision | o 190-191 | 4 | 2009-12-28 | p. 1-19 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2009-4-page-1?lang=en&redirect-ssocas=7080
999 _c468570
_d468570