Conditions for Global Cooperation - Carbon Pricing

Seminar Paper , 2010 , 24 Pages , Grade: 1,0

Business economics - Trade and Distribution

This academic paper targets the intergenerational risk sharing dilemma of the current international policy effort to establish conditions of global cooperation for a global carbon price which could, with an adequate carbon-pricing framework, reduce and share cost of mitigation in an efficient, effective and equitable way helping to decouple growth from greenhouse gas emissions.

Table of Contents

Abstract

Key words

Table of Abbreviation

1. Introduction: „The greatest example of market failure“

2. Carbon Pricing and Emissions Markets in Practice

3. Framework for Understanding International Collective Action for Climate Change
3.1 Understanding International Collective Action
3.2 Existing Intern. Arrangements for Global Cooperation on Climate Change
3.3 Building and Sustaining coordinated Global Action on Climate Change

4. Creating a Global Price for Carbon
4.1 Reducing the Costs of Mitigation through Framework Efficiency
4.2 Sharing the Costs of Mitigation
4.3 The Experience of the Kyoto Protocol
4.4 Building on and Expanding the Kyoto Protocol Framework
4.5 Interaction with the International Trade Regime

5. Conclusion: Equitable Intergenerational Risk Sharing

Bibliography

Appendix

• College: University of Frankfurt (Main) (Wirtschaftswissenschaften)
• Course: Economics of Climate Change
• Grade: 1,0
• Author: M.Sc Josué Manuel Quintana Díaz (Author)
• Publication Year: 2010
• Pages: 24
• Catalog Number: V152844
• ISBN (eBook): 9783640754311
• ISBN (Book): 9783640754687
• Language: English
• Tags: Carbon Markets, Emission Trading, Externality, Flexible Mechanism, Framework, Free-riding, Game Theory, Intergenerational Risk Sharing, Market Failure, Moral Hazard, Kyoto Protocol, Price Signals, Public good, Governance Failure, Carbon Pricing, Marked-based solutions, cap and trade, ETS