Climate Policy and Equity Principles
Fair Burden Sharing in a Dynamic World
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Date
2012-05
Publication Type
Working Paper
ETH Bibliography
yes
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Abstract
The paper proposes a general rule for burden sharing in international climate policy. Starting from basic equity principles and considering economic development it derives a simple equation for a fair international allocation of greenhouse emission entitlements. The fairness rule com- prises both egalitarian and efficiency aspects, which appear to be crucial for political acceptance. Carbon budgets for the di¤erent countries are calculated under different parameter assumptions.
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published
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Journal / series
Volume
12 (6)
Pages / Article No.
Publisher
CER-ETH – Center of Economic Research at ETH Zurich
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Edition / version
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Subject
Climate policy; Carbon emissions; Growth; Burden sharing
Organisational unit
03635 - Bretschger, Lucas (emeritus) / Bretschger, Lucas (emeritus)