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Equitable Carbon Revenue Distribution Under an International Emissions Trading Regime

Abstract
When people hear about ‘global warming’ or the Kyoto Protocol, many think of a topic of boundless uncertainty and political controversy. One reason for this reaction is the current U.S. administration’s statement that ‘Kyoto is dead’ and impossible to implement in the United States. As the largest greenhouse polluter in the world, the U.S. is indeed vital to any meaningful attempt to address the certain threat of climate change. Yet climate change will not go away simply because the Bush Administration refuses to sign one particular international accord. Scientists believe with high certainty that the impacts of current greenhouse gas emissions have started but may not be completely felt for 100 years or more.
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Date
2004-01-01
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