We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...

We suggest a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...

One of the cheapest ways to reduce CO2 emissions is thermal renovation of existing homes. Germany is a world leader in this project, with a strict building code, generous state subsidies, and an advanced renovation infrastructure. The effects of its policies are explored here in the light of...

Leakage from forest carbon sequestration—the amount of a program’s direct carbon benefits undermined by carbon releases elsewhere—depends critically on demanders’ ability to substitute non-reserved timber for timber targeted by the program. Analytic, econometric, and sector-level...

Global society is moving towards action to reduce anthropogenic greenhouse gas emissions. This can be expensive and socially disruptive in countries like the United States where the vast majority of emissions arise from electrical energy generation and petroleum usage. Agricultural and forest...