Abstract

AbstractThis chapter analyzes, through a two-period model, the interaction between a producing cartel and a country (or coalition of countries) that import an energy-related natural resource whose consumption generates a stock pollution. The chapter has been inspired by and aims to contribute to the design of climate change strategies, as greenhouse gas emissions are accumulated in the atmosphere and are brought about by the use of fossil fuels that in many cases are unevenly distributed across the world. A particular attention is paid to the use of taxes on natural resources in the context of simultaneous decisions by countries and different concern regarding the environmental problem.

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