Government failure and market failure: On the inefficiency of environmental and energy policy
In this essay, the authors describe some important themes in energy and environmental policy.
Smith School of Enterprise and the Environment
-
-
India and climate change mitigation
This paper outlines the criteria that a global mitigation agreement would need to satisfy and explains the importance of cap-and-trade as the keystone of that agreement. It underscores the inescapability of ethics in determining the fair distribution of the costs of mitigation and argues that there is a strong moral case for all or most of the global costs being borne by the ACs.