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Joseph Stiglitz, Aaron Edlin, and J. Bradford DeLong

Print publication date: 2011

Print ISBN-13: 9780231143653

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231143653.001.0001

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PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 24 September 2021

A New Agenda for Global Warming

A New Agenda for Global Warming

(p.22) Chapter 3 A New Agenda for Global Warming
The Economists' Voice

Joseph E. Stiglitz

Columbia University Press

This chapter proposes an agenda to deal first with the United States' pollution and second with that of developing countries. It suggests that the way to get nations, and particularly the United States, to reduce CO2 emissions significantly is to use trade sanctions. The United States, and implicitly other nations who are doing little to curb emissions, are unfairly subsidizing their exports by not forcing manufacturers to pay the full cost of emissions. To avoid trade sanctions, nations should tax carbon emissions to reflect the long-term social cost of emissions. If trade sanctions could be used this way, one nation might force another to tax its emissions, not necessarily because it cares about the environment, but for the myriad reasons that a nation seeks to raise the cost of other nations' exports.

Keywords:   global warming, climate change, environment policy, United States, pollution control, developing countries, trade sanctions, taxation, carbon emissions, exports

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