Titlebook: Economic Progress and Environmental Concerns; Herbert Giersch (Past President) Conference proceedings 1993Latest edition Springer-Verlag B

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Designing Markets for CO2 Emissions and Other Pollutantsls as a source of energy, such as coal, mineral oil and natural gas, which contain large proportions of solid carbon. The burning of these fuels leads to the emission of their carbon contents in the form of carbon dioxide, which contributes to global warming via the greenhouse effect.

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Tropical Deforestation as an International Economic Problemld.. Hence, the destruction of the tropical forest ecosystem leads to negative ecological effects both in industrialized and in the respective tropical countries. These ecological effects cause negative externalities in tropical and industrialized nations:

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How Much Should We Invest In Preserving Our Current Climate?l Panel on Climate Change (IPCC, 1990) and the Second World Climate Conference (October 1990). To date, these calls to arms for forceful measures to slow greenhouse warming have been made without any serious attempt to weigh the costs and benefits of climatic change or alternative control strategies.