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dc.contributor.authorHummel, Noemien_US
dc.contributor.authorGersbach, Hansen_US
dc.description.abstractWe suggest a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the relative emission reductions they achieve. Countries receive refunds net of tax revenues. We show that such a scheme can simultaneously achieve efficient emission reductions and equity objectives, as developing countries abate voluntarily, do not have to pay an initial fee, are net receivers of funds, and are net beneficiaries. Moreover, we explore the potential of simple refunding schemes that do not claim tax revenues and only rely on initial fees paid by industrial countries.en_US
dc.publisher|aVerein für Socialpolitik |cFrankfurt a. M.en_US
dc.relation.ispartofseries|aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: International Climate Policy after Copenhagen |xD2-V2en_US
dc.subject.keywordclimate change mitigationen_US
dc.subject.keywordrefunding schemeen_US
dc.subject.keywordinternational agreementsen_US
dc.subject.keyworddeveloping countriesen_US
dc.titleClimate Policy and Developmenten_US
dc.typeConference Paperen_US

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