Rehdanz, Katrin; Tol, Richard S.J. - Forschungsstelle Nachhaltige Umweltentwicklung (ZMK), … - 2005
is no international agreement on emission reduction targets, but countries do have domestic targets, and trade permits …One problem in international climate policy is the refusal of large developing countries to accept emission reduction … targets. Brazil, China and India together account for about 20% of today’s CO2 emissions. We analyse the case in which there …