In the world economy with interdependent markets for fossil fuel and deposits, some coalition of countries fights climate change by purchasing and preserving fossil fuel deposits, which would be exploited otherwise. If the coalition's policy parameters are the demand and supply of deposits...

In Harstad´s (2012) model, climate damage only hits one group of countries, called the coalition, and the coalition´s climate policy consists of capping own fuel demand and supply combined with the purchase of fossil fuel deposits for preservation. Harstad´s Theorem 1 states that if the...

In the world economy with interdependent markets for fossil fuel and deposits, some coalition of countries fights climate change by purchasing and preserving fossil fuel deposits, which would be exploited otherwise. If the coalition’s policy parameters are the demand and supply of deposits...

In Harstadś (2012) model, climate damage only hits one group of countries, called the coalition, and the coalitionś climate policy consists of capping own fuel demand and supply combined with the purchase of fossil fuel deposits for preservation. Harstadś Theorem 1 states that if the deposit...