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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22813 |
来源ID | Working Paper 22813 |
On a World Climate Assembly and the Social Cost of Carbon | |
Martin Weitzman | |
发表日期 | 2016-11-14 |
出版年 | 2016 |
语种 | 英语 |
摘要 | This paper postulates the conceptually useful allegory of a futuristic “World Climate Assembly” (WCA) that votes for a single worldwide price on carbon emissions via the basic democratic principle of one-person one-vote majority rule. If this WCA framework can be accepted in the first place, then voting on a single internationally- binding minimum carbon price (the proceeds from which are domestically retained) tends to counter self-interest by incentivizing countries or agents to internalize the externality. I attempt to sketch out the sense in which each WCA-agent's extra cost from a higher emissions price is counter-balanced by that agent's extra benefit from inducing all other WCA-agents to simultaneously lower their emissions in response to the higher price. The first proposition of this paper derives a relatively simple formula relating each emitter's single-peaked most-preferred world price of carbon emissions to the world “Social Cost of Carbon” (SCC). The second and third propositions relate the WCA-voted world price of carbon to the world SCC. I argue that the WCA-voted price and the SCC are unlikely to differ sharply. Some implications are discussed. The overall methodology of the paper is a mixture of mostly classical with some behavioral economics. |
主题 | International Economics ; Globalization and International Relations ; Public Economics ; Public Goods ; Other ; Law and Economics ; Environmental and Resource Economics ; Environment |
URL | https://www.nber.org/papers/w22813 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580487 |
推荐引用方式 GB/T 7714 | Martin Weitzman. On a World Climate Assembly and the Social Cost of Carbon. 2016. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22813.pdf(252KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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