Working Paper 4 Abstract We propose a general way to craft public policy when there is no consensual account of... Read more
The Grantham Research Institute Working Papers series is aimed at stimulating discussion among researchers across a wide range of academic disciplines. The series is aimed at technical and specialist audiences, usually other researchers in relevant fields. The papers have been reviewed by at least one internal referee before publication and the process is overseen by the series editors, Robert Falkner and Roger Fouquet. Often the content of working papers is submitted for review by academic journals and so in some cases an updated version of a paper may be available.
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Working Paper 3 Abstract We analyse the design of carbon markets in time (intertemporally) and space (geographically) from first principles,... Read more
Working Paper 2 Abstract The Clean Development Mechanism (CDM) of the Kyoto Protocol has a dual objective: to encourage low-cost... Read more
Working Paper 1 Abstract A levy on the Clean Development Mechanism (CDM) and other carbon trading schemes is a potential... Read more