Taking account of sinks credits as agreed in Bonn and Marrakech, this paper illustrates how market power could be exerted in the absence of the US ratification under Annex 1 trading and explores the potential implications of the non-competitive supply behavior for the international market of...

This paper examines the extent and the determinants of individual global climate change be-liefs. In contrast to former studies, it is focused on China due to its crucial role in global cli-mate policy and its responsibility as the worldwide biggest producer of CO2 emissions. The empirical...