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Is the global carbon market working?

Nature volume 445, pages 595–596 (2007)Cite this article

The Clean Development Mechanism can be viewed not only as a market, but also as a subsidy and a political mechanism. Michael Wara argues that it has been most effective, so far, in achieving its political goals.

Developing nations must be part of any effective solution to global warming.

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References

  1. DEFRA EU Emissions Trading Scheme, UK National Allocation Plan at http://www.defra.gov.uk/phaseII-nap.pdf (2006).

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Authors and Affiliations

  1. Stanford University, Stanford, 94305, California, USA

    Michael Wara

  2. Holland & Knight LLP, 50 California Street, San Francisco, 94111, California, USA

    Michael Wara

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  1. Michael Wara
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Wara, M. Is the global carbon market working?. Nature 445, 595–596 (2007). https://doi.org/10.1038/445595a

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