Global Carbon Pricing: The Path to Climate Cooperation

by Axel Ockenfels and David JC MacKay

Why the traditional "pledge and review" climate agreements have failed, and how carbon pricing, based on trust and reciprocity, could succeed.

After twenty-five years of failure, climate negotiations continue to use a "pledge and review" approach: countries pledge (almost anything), subject to (unenforced) review. This approach ignores everything we know about human cooperation. In this book, leading economists describe an alternate...

• Format: Hardcover
• Language: English
• ISBN: 0262036266
• ISBN13: 9780262036269
• Release Date: June 2017
• Publisher: MIT Press
• Length: 268 Pages
• Weight: 1.10 lbs.
• Dimensions: 0.8" x 6.3" x 9.2"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher