Trésor-Economics No. 187 - Economic analysis of the Paris Agreement
While traditional economic approaches in international climate agreements differ in some respects, they are all based on three main principles:- Universality: Because the causes and consequences of climate change are global, all countries must participate in efforts to reduce greenhouse gas emissions, with no free riders.- Efficiency: To achieve the greenhouse gas (GHG) reduction objective at leas... Lire la suite