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MPRA_paper_53601.pdf
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🔗 Source: mpra.ub.uni-muenchen.de
📊 Size: 145 KB
📄 Pages: 11 pages
⬇️ Downloads: 112

Summary

Etienne Billette de Villemeur and Justin Leroux propose creating a carbon liabilities market to address climate change, where countries are liable for their share of responsibility in current climate damage, with liabilities tradable like financial debt, ensuring robustness and efficiency, and decentralizing the choice of discount rates for future benefits and damage.

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Etienne Billette de Villemeur and Justin Leroux propose creating a carbon liabilities market to address climate change, where countries are liable for their...

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  • File Format: PDF
  • File Size: 145 KB
  • Pages: 11
  • Language: EN
  • Total Downloads: 112
  • Last Updated: 1 week ago

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