Harry Clarke

The issue of devising an efficient and equitable global climate change mitigation agreement is examined. While there are strong damage cost reasons for self-interested, large countries to unilaterally move towards climate change mitigation there are practical reasons for them not to commit.  A key issue for developed countries is that of possible carbon leakages while, [...]

As I cautioned in my comments on posts by Paul Krugman and John Quiggin it is by no means clear that the recent WTO-UNEP report does give the green light to border tax adjustments (BTAs) which penalise with tariffs the exports of countries which do not mitigate their emissions.  This report which was, by luck [...]