OPEC's Response to International Climate Agreements
This paper studies a game between a group of countries that have agreed to participate in an international climate agreement ( the signatories) and OPEC. The purpose of the signatories is to design carbon taxes that maximize their total net income, given a goal on global carbon emissions. As response to the agreement, OPEC imposes an oil tax on itd members states that maximizes OPEC's profits.
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|Date of creation:||1996|
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