Making Climate Policy Work
Cullenward, Danny / Victor, David G. For decades the world's governments have struggled to move from talk to action on climate. Many now hope that growing public concern will lead to greater policy ambition, but progress depends on sound strategy. Yet the most widely promoted climate policy--the use of market-based programs to reduce climate pollution--hasn't been working and isn't ready to scale.
Danny Cullenward and David Victor show why the elegant theory of markets has faile...