How to Set Greenhouse Gas Emission Targets for All Countries

Citation:

Frankel J. How to Set Greenhouse Gas Emission Targets for All Countries. In: di Mauro BW Combatting Climate Change. London: CEPR Press, Centre for Economic Policy Research ; 2021. pp. 43-48.

Abstract:

Is a credible multilateral climate change agreement feasible? This column says that such global cooperation is necessary and attempts to address the political hurdles. The proposed emissions reduction plan develops formulas to cap atmospheric concentrations of carbon dioxide at 500 ppm while obeying political constraints regarding cost, fairness, and timing.  (Subsequent research showed how to attain the target of 460 ppm.)

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