Abstract
The paper concentrates on some economic aspects of climate change. The fundamental trends and the scientific state of the art are presented firstly, followed by some basic economic implications. After that our considerations focus on two important economic aspects of climate change: Chapter two highlights its long-term character and the asymmetric distribution of benefits and costs, leading to a political bias in favor of short-term political action. Chapter three describes and investigates the tradable permit approach to reach politically given climate targets. Our analysis stresses the advantages of this instrument and offers reasons why its political configuration must be seen as main reason for some deficiencies in reducing GHG-emissions.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
