CARBON COALITIONS - THE COST AND EFFECTIVENESS OF ENERGY AGREEMENTS TO ALTER TRAJECTORIES OF ATMOSPHERIC CARBON-DIOXIDE EMISSIONS

This paper examines the potential regional costs and benefits of parti cipation in a set of hypothetical protocols to stabilize fossil fuel c arbon emissions, We show that the particular construct of a stabilizat ion agreement can greatly influence the potential acceptability and st ability of that agreement, Any agreement to control fossil fuel carbon emissions, no matter how skillfully crafted, will require a process o f constant revision in the terms of participation, because the economi c needs of its participants will be evolving.