Relative to other climate protection measures, public investments in the dissemination of improved biomass cooking stoves provide a very effective low cost measure to reduce greenhouse gas emissions. More than three billion people in developing countries rely on inefficient cooking stoves...

This paper describes the design of a new emissions trading scheme which is based on the principle of equity. The scheme is based on the principle that the atmosphere is common property to all humankind, and as such, all people have an unalienable right over air. As such there is little...