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Sharing the Cost of Global Warming
For meteorological reasons, the distribution of climate-change damage bears no relationship to the distribution of emissions across the globe. We argue in favor of offsetting this discrepancy. We propose a global insurance scheme of sorts, to be financed according to countries' responsibilities...
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Published in: | The Scandinavian journal of economics 2011-12, Vol.113 (4), p.758-783 |
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Language: | English |
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container_end_page | 783 |
container_issue | 4 |
container_start_page | 758 |
container_title | The Scandinavian journal of economics |
container_volume | 113 |
creator | de Villemeur, Etienne Billette Leroux, Justin |
description | For meteorological reasons, the distribution of climate-change damage bears no relationship to the distribution of emissions across the globe. We argue in favor of offsetting this discrepancy. We propose a global insurance scheme of sorts, to be financed according to countries' responsibilities in the matter. We analyze this horizontal equity problem using a responsibility/compensation framework, which we have adapted to a context of externalities.We characterize new versions of two well-known cost-sharing schemes. |
doi_str_mv | 10.1111/j.1467-9442.2011.01675.x |
format | article |
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issn | 0347-0520 1467-9442 1467-9442 |
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source | EconLit s plnými texty; International Bibliography of the Social Sciences (IBSS); Business Source Ultimate; JSTOR Archival Journals and Primary Sources Collection; Wiley-Blackwell Read & Publish Collection |
subjects | Analysis Carbon dioxide emissions Climate change Climate change policy Cost sharing D62 D63 Economic costs Economic externalities Economic policy egalitarian liberalism Emissions Frost damage Global warming International Pollutant emissions Population characteristics Q54 responsibility Studies Taxation |
title | Sharing the Cost of Global Warming |
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