Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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International cooperation and climate policy Location: Auditorium Q Session Chair: Geir B. Asheim, University of Oslo | |
| Presentation 2 | |
The strategy of a uniform carbon tax in the self-enforcing international environmental agreements with free trade Ma Yinchu School of Economics, Tianjin University, China Creating an effective international environmental agreement has been a significant challenge in climate negotiations. Recently, the carbon taxes regime has become increasingly popular with economists. This paper employs a three-stage game model to compare the efficiency gains of negotiating a uniform carbon tax versus emissions caps in self-enforcing international agreements. Within a free trade market economy framework, which facilitates exploring the role of the terms of trade in shaping climate policies, we demonstrate that, in the absence of terms of trade effects, the uniform carbon tax agreement is equivalent to the emissions caps agreement. However, when countries internalize the effects of their climate policies on the terms of trade, the uniform carbon tax agreement slightly enhances international climate cooperation. Nonetheless, the contribution to improvement in climate cooperation remains relatively modest. | |
