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Environmental Markets: Equity and Efficiency

Graciela Chichilnisky & Geoffrey Heal

March, 2000
Cloth, 280 pages,
ISBN: 978-0-231-11588-9
$70.50 / £41.50

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Appendix: The Kyoto Protocol to the United Nations Framework Convention on Climate Change

Fourteen: A Commentary on the Kyoto Protocol, by Raul Estrada Oyuela

Thirteen: Knowledge and the Environment: Markets with Privately Produced Public Goods, by Chichilnisky

Twelve: The Clean Development Mechanism: Unwrapping the "Kyoto Surprise", by Jacob Werksman

Eleven: Equity and Efficiency in Emission Markets: The Case for an International Bank for Environmental Settlements, by Chichilnisky

Ten: Securitizing the Biosphere, by Chichilnisky and Heal

Nine: Efficiency and Distribution in Computable Models of Carbon Emission Abatement, by Joaquin Oliveira and Peter Strum

Eight: Differentiated or Uniform International Carbon Taxes: Theoretical Evidence and Procedural Constraints, by Jean-Charles Hourcade and Laurent Gillote

Seven: Who Should Abate Carbon Emissions? An International Viewpoint, by Chichilnisky and Heal

Six: Efficiency Properties of a Constant-Ration Mechanism for the Distribution of Tradeable Emission Permits, by A. Pratt

Five: Equilibrium and Efficiency; International Emission Permits Markets, by Heal and Yun Lin

Four: Emission Constraints, Emission Permits & Marginal Abatement Costs, by Heal

Three: Equity and Efficiency in Environmental Markets: Global Trade in CO2 Emissions, by Chichilnisky, Heal, and D. Starrett

Two: Markets for Tradeable CO2 Emission Quotas: Principles and Practice, by Graciela Chichilnisky & Geoffrey Heal

One: Introduction, by Graciela Chichilnisky & Geoffrey Heal

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About the Author

Graciela Chichilnisky holds the UNESCO Chair in Mathematics and Economics and is professor of statistics at Columbia University, where she is the director of the Program on Information and Resources and its Center for Risk Management. She introduced and developed the concept of "basic needs" and is the author of eleven books and some 180 scientific articles. Geoffrey Heal is Garrett Professor of Public Policy and Business Responsibility and professor of economics and finance of the Graduate School of Business at Columbia University. A past president of the Association of Environmental and Resource Economists, he is the author of many scientific articles and thirteen books, including Economic Theory and Exhaustible Resources; Valuing the Future: Economic Theory and Sustainability; and Nature and the Marketplace.

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