Carbon Pricing

Why global carbon pricing is the way to go:

https://carbon-price.com - “Global Carbon Pricing” book with free PDF

https://carbon-price.com/wp-content/uploads/Global-Carbon-Pricing-June-2017.pdf

Has following authors:

  • David JC MacKay was Chief Scientific Adviser to the UK Department of Energy and Climate Change.
  • Joseph E. Stiglitz is the 2001 Nobel Laureate in Economics
  • Jean Tirole is the 2014 Nobel Laureate in Economics
  • Martin L. Weitzman is Professor of Economics at Harvard University
  • William Nordhaus who has been publishing papers on climate change since 1977
  • Ottmar Edenhofer who served as Co-chair of WG III of the IPCC
  • Also: Richard N. Cooper, Peter Cramton, Christian Gollier, Éloi Laurent, Axel Ockenfels, Ian Parry, and Steven Stoft

Remarkably, all 13 authors agree with the core principle of the book — that a common international commitment to carbon pricing can reduce the free-rider problem and help protect nations that cooperate. In fact, the book’s major argument for global carbon pricing is not economic efficiency (still a good reason), but rather that it fosters cooperation.