The US ahs been criticized for wanting to earn a fortune on a global CO2 market. However, compared to the situation without trade and provided that such a market is designed so that it does not pay to cheat, a global CO2 market may provide the world with an epoch-making means of cost-effective control which can solve future global environmental problems.
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Paper provided by Aarhus School of Business - Department of Economics in its series Papers with number
98-13.
Length: 11 pages Date of creation: 1998 Date of revision: Handle: RePEc:fth:aascbu:98-13
Contact details of provider: Postal: Department of Economics, Faculty of Business Administration. The Aarhus School of Business. Fuglesangs Alle 4. DK- 8210 Aarhus V - Denmark Phone: +45 89 486396 Fax: +45 8615 5175 Web page: http://www.asb.dk/about/departments/nat.aspx More information through EDIRC
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Find related papers by JEL classification: H41 - Public Economics - - Publicly Provided Goods - - - Public Goods Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy F1 - International Economics - - Trade
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