The Clean Development Mechanism (CDM) has been proposed as a means of reducing the costs of abating greenhouse gasses, and for assisting developing countries. Although the CDM offers apparent environmental benefits, in addition to benefiting both investors and developing country hosts, it has...

This paper examines the case for internationally coordinated indirect taxes on aviation (as a source of general revenue-not (necessarily) as a source of development finance). The case for such taxes is strong: the tax burden on international aviation is currently limited, yet it contributes...

Während die CO2-Emissionen weltweit weiter ansteigen, sind die Emissionen relativ zum Bruttoinlandsprodukt in den meisten Ländern rückläufig. Insbesondere westliche Nationen erwirtschaften ein immer höheres BIP mit immer geringer werdendem relativen Anteil an CO2-Emissionen. Länder wie...