Agriculture and global climate stabilization: a public good analysis

The stabilization of global climate presents one of the most complex problems in public good provision the world has faced. Continuation of ‘business as usual’ policies, leading to warming of more than 2 degrees over the next year, will produce significant damage to agricultural systems and catastrophic damage to the natural ecosystems that ultimately support agriculture. The best solution to the public goods problem is a ‘contract and converge’ agreement in which the ultimate outcome is a common global entitlement to CO2 emissions per person.


Issue Date:
Aug 08 2009
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/152095
Total Pages:
28
JEL Codes:
Q54
Series Statement:
Climate Change
C09_1




 Record created 2017-04-01, last modified 2017-04-26

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