Climate Change: How To Price Paris
by Vitor Gaspar, Michael Keen, and Ian Parry
(Versions in عربي, 中文, Español, and Français)
The Paris Agreement on Climate Change is a historic diplomatic achievement. Climate change is a global problem. Many believed that global problem solving would prove elusive: the benefits of cutting emissions arise globally while the costs of doing so are borne nationally, so national self-interest would prevent a meaningful agreement. Paris proves otherwise—creating a commonality of purpose at the global level. […]