TOL, RICHARD S.J.; REHDANZ, KATRIN - In: Climate Policy 8 (2008) 3, pp. 293-304
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 CO<sub>2</sub> emissions. We analyse the case in which there is no international agreement on emission reduction...