Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
Department of Economics, Norwegian School of Economics (NHH) Discussion Paper Series in Economics, Department of Economics, Norwegian School of Economics (NHH)

No 27/2015:
The Public Economics of Climate Change.

Agnar Sandmo ()

Abstract: This paper considers the challenges to the field of public economics that arise from the issue of global warming. It outlines the argument for viewing the global climate as a public good and describes the problems that emerge when one tries to apply the insights of public goods theory to global public goods such as global warming. Special topics considered include the free rider problem in an international context and the extent to which private preferences should be taken into account in policy formation. The paper also includes a discussion of cost sharing in global climate policy and the design of policy when instruments for redistribution are imperfect. Green taxes are powerful tools for regulating emissions, and these are discussed both in a national and international context with emphasis on the proposal for a global CO2 tax. Finally there is a discussion of the several dimensions of distributional justice that arise in the context of climate policy.

Keywords: Global; warming; Public; economics; (follow links to similar papers)

JEL-Codes: D60; H23; Q54; (follow links to similar papers)

40 pages, November 26, 2015

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

DP%2027.pdf    PDF-file
Download Statistics

Questions (including download problems) about the papers in this series should be directed to Dagny Hanne Kristiansen ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:nhheco:2015_027 This page was generated on 2015-11-26 08:59:26