This paper studies a game between a group of countries that have agreed to participate in an international climate agreement ( the signatories) and OPEC. The purpose of the signatories is to design carbon taxes that maximize their total net income, given a goal on global carbon emissions. As...

The aim of this paper is to study the impact of breaking up national gas sales consortia in Western Europe. We show, within a numerical model of the Western European natural gas market- that once the demand side of the market is liberalized, each producing country has an incentive to break up...