Sharing the Cost of Global Warming*
针对气候变化损害与排放分布不匹配的问题,提出一种基于责任与补偿的全球保险方案,并分析了两种成本分摊方案的新版本。
Abstract For meteorological reasons, the distribution of climate‐change damage bears no relationship to the distribution of emissions across the globe. We argue in favor of offsetting this discrepancy. We propose a global insurance scheme of sorts, to be financed according to countries’ responsibilities in the matter. We analyze this horizontal equity problem using a responsibility/compensation framework, which we have adapted to a context of externalities. We characterize new versions of two well‐known cost‐sharing schemes.