climate policy takes the form of carbon emission taxation and fossil fuel and consumption goods are traded on world markets …

Scientific expertise suggests that mitigating extreme world-wide climate change damages requires avoiding increases in … the world mean temperature exceeding 2° Celsius. To achieve the two degree target, the cumulated global emissions must not …

-renewable fossil-fuel resources (= world carbon emissions). Following Eichner and Pethig (2011b) we set up a two-country two …-period model in which one of the countries represents a sub-global climate coalition that implements a binding ceiling on the world …'s first-period emissions. The other country is the rest of the world and refrains from taking action. The climate coalition …

Internalizing the global negative externality of carbon emissions requires flattening the extraction path of world … fossil energy resources (= world carbon emissions). We consider governments having sign-unconstrained emission taxes at their … disposal and seeking to prevent world emissions from exceeding some binding aggregate emission ceiling in the medium term. Such …

consumption tax in the first period on world carbon emissions. If countries are identical or if the taxing country imports both … countries implying a negative rate of carbon leakage. -- unilateral consumption tax ; world emissions ; leakage …

This paper studies the formation of self-enforcing global environmental agreements in a world economy with …