Posts tagged…Emissions
Design of a multilateral regime for emissions trading
Sat, Mar 10 2007
The most difficult questions about the management of climate change are not about taxes or trading but about the weakness of multilateral regimes. Their recent history should worry anyone who wants a global answer to a problem of managing a global commons.
In my submission to the Prime Minister’s Task Force on Emissions Trading I draw some lessons from the history of multilateral trade and…
