Content
• The international politics of climate change: UNFCCC, Kyoto protocol, CDM, Copenhagen Accord, unilateral incentives • Climate stabilization as a global public good • Unilateral incentives for mitigation: co-benefits and the double dividend • Game-theoretic view of climate change as a public good and collective action problem • Market failures such as externalities, public goods • National and international policy instruments such as Pigouvian taxes and carbon markets • The European Union Emission Trading scheme (EU ETS) and Phase-Out-Coal