The Promise and Problems of Pricing Carbon: - Belfer Center for ...
The Promise and Problems of Pricing Carbon: - Belfer Center for ...
The Promise and Problems of Pricing Carbon: - Belfer Center for ...
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<strong>The</strong> <strong>Promise</strong> <strong>and</strong> <strong>Problems</strong> <strong>of</strong> <strong>Pricing</strong> <strong>Carbon</strong>:<br />
<strong>The</strong>ory <strong>and</strong> Experience *<br />
By Joseph E. Aldy † <strong>and</strong> Robert N. Stavins ‡<br />
Environment <strong>and</strong> Natural Resources Program<br />
<strong>Belfer</strong> <strong>Center</strong> <strong>for</strong> Science <strong>and</strong> International Affairs<br />
Harvard Kennedy School, Harvard University<br />
79 John F. Kennedy Street<br />
Cambridge, MA 02138<br />
USA<br />
<strong>Belfer</strong> <strong>Center</strong> Discussion Paper 2011-12<br />
November 2011<br />
* Prepared <strong>for</strong> a Special Issue <strong>of</strong> <strong>The</strong> Journal <strong>of</strong> Environment <strong>and</strong> Development, edited by Thomas Sterner <strong>and</strong> Maria<br />
Damon.<br />
† Assistant Pr<strong>of</strong>essor <strong>of</strong> Public Policy, Harvard Kennedy School; Nonresident Fellow, Resources <strong>for</strong> the Future;<br />
Faculty Research Fellow, National Bureau <strong>of</strong> Economic Research.<br />
‡ Albert Pratt Pr<strong>of</strong>essor <strong>of</strong> Business <strong>and</strong> Government, Harvard Kennedy School; University Fellow, Resources <strong>for</strong><br />
the Future; <strong>and</strong> Research Associate, National Bureau <strong>of</strong> Economic Research.
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