The Global Effects of Subglobal Climate Policies

  title={The Global Effects of Subglobal Climate Policies},
  author={Christoph B{\"o}hringer and Carolyn Fischer and Knut Einar Rosendahl},
Individual countries are in the process of legislating responses to the challenges posed by climate change. The prospect of rising carbon prices raises concerns in these nations about the effects on the competitiveness of their own energy-intensive industries and the potential for carbon leakage, particularly leakage to emerging economies that lack comparable regulation. In response, certain developed countries are proposing controversial trade-related measures and allowance allocation designs… CONTINUE READING
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