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Designing a realistic climate change policy that includes developing countries

McKibbin, Warwick J; Wilcoxen, Peter J


In earlier papers we have argued that the Kyoto Protocol is not sustainable as a global climate change policy and have proposed an alternative policy regime based on a coordinated but decentralized system of national permit trading systems with a fixed internationally negotiated price for permits. In this paper we extend this earlier proposal to include an explicit mechanism for participation by developing countries. The idea is to give incentives for carbon abatement in developing countries...[Show more]

CollectionsANU Research Publications
Date published: 2000
Type: Working/Technical Paper


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