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An equitable burden-sharing framework is essential for the successful collective efforts to cope with climate change. Various carbon emission rights allocation schemes have been proposed in the international community. This paper focuses on the comparison among different schemes with the...
Persistent link: https://www.econbiz.de/10010906252
In the long-term stabilization targets of greenhouse gases concentrations, various carbon emission rights allocation schemes have been proposed. To compare and evaluate them, the most essential is the equity-efficiency tradeoff. This paper measures the equity and the efficiency in the global...
Persistent link: https://www.econbiz.de/10010931386
This paper proposes an allocation scheme based on cumulative emission per capita to achieve a globally equitable carbon emission space. Within this scheme, each country has an equal cumulative emission per capita during the considered time period, and their annual emission per capita would reach...
Persistent link: https://www.econbiz.de/10010718937