On strategies for avoiding dangerous climate change: elements of a global carbon market

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What are the prospects for averting dangerous climate change and which strategies offer promising avenues to successfully tackle this global challenge? These questions are at the heart of an analysis that begins by evaluating the possibilities and limits of transnational cooperation in climate policy. The book then investigates the normative underpinnings for avoiding dangerous climate change and looks at policy instruments for climate protection. The final part of the discussion turns to developing an implementation strategy centered on the innovative concept of a Modular Carbon Market (MCM) as an institutional structure for global emissions management.