To Tax or Not to Tax : Alternative Approaches to Slowing Global Warming

@inproceedings{Nordhaus2007ToTO,
  title={To Tax or Not to Tax : Alternative Approaches to Slowing Global Warming},
  author={William Nordhaus},
  year={2007}
}
How can countries best coordinate their policies to slow global warming? This study reviews different approaches to the political and economic control of global public goods such as global warming. It compares quantity-oriented mechanisms like the Kyoto Protocol with price-type control mechanisms such as internationally harmonized carbon taxes. The analysis focuses on such issues as the relationship to ultimate targets, performance under conditions of uncertainty, volatility of induced carbon… CONTINUE READING

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