Explain and compare the efficiency and fairness

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Explain and compare the efficiency and fairness of the pair of the proposals in each sub-question.

(a) Global Carbon Tax (W. Nordhaus) vs. Kyoto2 (O. Tickell).

(b) Two Cap and Trade Markets (E. Goodstein) vs. Contraction & Convergence (A. Meyer).

Reference no: EM133322241

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