In the absence of a broad international agreement, national climate policiesare less efficient, due to carbon leakage, and more costly, due to causingunemployment and a loss of competitiveness on international markets. As,in many countries, a substantial fraction of emissions results from the...

In the absence of a broad international agreement, national climate policies are less efficient, due to carbon leakage, and more costly, due to causing unemployment and a loss of competitiveness on international markets. As, in many countries, a substantial fraction of emissions results from the...

In the absence of a broad international agreement, national climate policiesare less efficient, due to carbon leakage, and more costly, due to causingunemployment and a loss of competitiveness on international markets. As,in many countries, a substantial fraction of emissions results from the...