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Designing Markets for CO2 Emissions and Other Pollutants

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Economic Progress and Environmental Concerns

Part of the book series: A Publications of the Egon-Sohmen-Foundation ((EGON-SOHMEN))

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Abstract

According to scientific evidence, the increasing concentration of carbon dioxide and other greenhouse gases in the earth’s atmosphere will lead to a warmer climate and a change in life conditions on the planet in the decades to come. The primary cause for this global problem is the use of fossil fuels as a source of energy, such as coal, mineral oil and natural gas, which contain large proportions of solid carbon. The burning of these fuels leads to the emission of their carbon contents in the form of carbon dioxide, which contributes to global warming via the greenhouse effect.

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© 1993 Springer-Verlag Berlin · Heidelberg

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Heister, J., Michaelis, P. (1993). Designing Markets for CO2 Emissions and Other Pollutants. In: Giersch, H. (eds) Economic Progress and Environmental Concerns. A Publications of the Egon-Sohmen-Foundation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-78074-5_5

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  • DOI: https://doi.org/10.1007/978-3-642-78074-5_5

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-78076-9

  • Online ISBN: 978-3-642-78074-5

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