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Professor William Nordhaus proposes a “Climate Club” to get the nations of the earth to work together in order to reduce CO2 emissions

Economics

Professor William Nordhaus proposes a “Climate Club” to get the nations of the earth to work together
in order to reduce CO2 emissions. What are the elements of his proposal? Why is his proposal
superior, at least in concept, than the Kyoto Protocol or the Paris Accord? What evidence does he
cite? The EU is considering a carbon border tax. How is this like the “Climate Club” proposal?

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