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The 1997 Kyoto Conference introduced emissions trading as a policy instrument for climate protection. Bringing together scholars in the fields of economics, pol
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The promise of harnessing market forces to combat climate change has been unsettled by low carbon prices, financial losses, and ongoing controversies in global
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While trade exacerbates climate change, it is also a central part of the solution because it has the potential to enhance mitigation and adaptation. This timely
The Green Paradox
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A leading economist develops a supply-side approach to fighting climate change that encourages resource owners to leave more of their fossil carbon underground.