<![CDATA[Dare to Know: Climate]]>https://daretoknow.stoft.com/s/climatehttps://daretoknow.stoft.com/img/substack.pngDare to Know: Climatehttps://daretoknow.stoft.com/s/climateSubstackFri, 03 Jul 2026 15:50:41 GMT<![CDATA[Carbon Pricing with a Green Fund]]>https://daretoknow.stoft.com/p/carbon-pricing-with-a-green-fundhttps://daretoknow.stoft.com/p/carbon-pricing-with-a-green-fundSun, 17 May 2026 18:11:38 GMTI’m working with Carl Rasmussen on a new version of the climate proposal describe Global Carbon Pricing by the four editors.

Rasmussen is working on a way to let every country describe the combinations of Carbon Price and Green-Fund Transfer that they would find acceptable. Then the Coalition Coordinator would figure out the best (C-Price, GF-Tansfer) pair based on maximizing the total amount of carbon that would be priced by all the countries that found that pair acceptable.

Green-Fund Transfers: These are based on a country’s carbon-emission rate, compared to the global-average emission rate per capita. Countries with a higher rate pay into the fund and those with a lower rate receive from the fund.

Play with it here. (a work in progress)

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]]><![CDATA[Global Carbon Pricing]]>https://daretoknow.stoft.com/p/global-carbon-pricinghttps://daretoknow.stoft.com/p/global-carbon-pricingSun, 17 May 2026 17:56:28 GMTIn 2017 four of us, Axel Ockenfels, Peter Cramton, David MacKay and myself put together Global Climate Cooperation, and collection of papers that all advocated global carbon pricing. Three were Nobel Prize economists, and MIT press published it. Axel, got his research institute to pay MIT so we could distribute PDFs of it for free. So here it is: Global Carbon Pricing - Free PDF

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