The economics of the Yasuní initiative climate change as if thermodynamics mattered
Climate change lends itself to both political economy and humor. Through the lens of thermodynamics, the payment Ecuador seeks for not drilling in the Yasuní is equitable and efficient
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
London
Anthem Press
2010
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Online-Zugang: | DE-12 DE-473 URL des Erstveröffentlichers |
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Inhaltsangabe:
- Thermodynamics: the language chosen defines the debate
- The tragedy of the commons: a class of problems that has no technical solution
- The willful ignorance of realpolitik: market failure or cost-shifting success?
- The general theory of second best: a rigorous justification for an intuitively just proposal
- Through the bottleneck of a cowboy economy: financing shovel-ready projects
- Conclusions: reason for hope and despair