Munich Personal RePEc Archive

Politiques climatiques: cessons de vouloir payer pour esquiver nos responsabilités !

Billette de Villemeur, Etienne and Leroux, Justin (2016): Politiques climatiques: cessons de vouloir payer pour esquiver nos responsabilités ! Published in: Revue Française d'Economie , Vol. XXXI, No. 2016/3 (December 2016): pp. 159-175.

This is the latest version of this item.

[img]
Preview
PDF
MPRA_paper_74998.pdf

Download (111kB) | Preview

Abstract

We explore an alternative to existing economic instruments to tackle climate change: carbon liabilities. Such liabilities would hold countries responsible for future climate damage to the tune of their emissions over time. The prospect of having to repay this carbon debt over time is enough to discipline emitters, leading to the efficient emissions level. Contrary to existing instruments, our scheme does not rest on a consensus regarding the discount factor nor about climate forecasts; this, together with its reliance on observed damage, allows for better international participation as well as to a fairer division of costs and risks.

Available Versions of this Item

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.