Skip to main content

Thank you for visiting nature.com. You are using a browser version with limited support for CSS. To obtain the best experience, we recommend you use a more up to date browser (or turn off compatibility mode in Internet Explorer). In the meantime, to ensure continued support, we are displaying the site without styles and JavaScript.

  • Comment
  • Published:

Price carbon — I will if you will

Nature volume 526, pages 315–316 (2015)Cite this article

Subjects

To forge a strong climate accord in Paris, nations must agree on a common goal in everyone's self-interest, say David J. C. MacKay and colleagues.

This is a preview of subscription content, access via your institution

Access options

Buy this article

  • Purchase on SpringerLink
  • Instant access to the full article PDF.

USD 39.95

Prices may be subject to local taxes which are calculated during checkout

References

  1. Ad Hoc Working Group on the Durban Platform. Parties' Views and Proposals on the Elements for a Draft Negotiating Text ADP.2014.6 (UNFCCC, 2014); available at http://go.nature.com/x1fjcd

  2. Kraft-Todd, G., Yoeli, E., Bhanot, S. & Rand, D. et al. Curr. Op. Behav. Sci. 3, 96–101 (2015).

    Article  Google Scholar 

  3. Ledyard, J. in The Handbook of Experimental Economics (eds Kagel, H. & Roth A. E.) 111–194 (Princeton Univ. Press, 1995).

    Google Scholar 

  4. Ostrom, E. Governing the Commons: The Evolution of Institutions for Collective Action (Cambridge Univ. Press, 1990).

  5. Depledge, J. The Origins of the Kyoto Protocol (UNFCCC, 2000).

  6. Stiglitz, J. in Making Globalization Work Ch. 6 (Norton, 2006).

    Google Scholar 

  7. Cramton, P., Ockenfels, A. & Stoft, S. Econ. Energy Environ. Policy 4, 1–4 (2015).

    Article  Google Scholar 

  8. Bovenberg, A. L. Int. Tax Public Finance 6, 421–443 (1999).

    Article  Google Scholar 

  9. Cramton, P. & Stoft, S. Econ. Energy Environ. Policy http://dx.doi.org/10.5547/2160-5890.1.2.9 (2012).

Download references

Author information

Authors and Affiliations

  1. David J. C. MacKay is professor of engineering at the University of Cambridge, UK.,

    David J. C. MacKay

  2. Peter Cramton is professor of economics at the University of Maryland, College Park, Maryland, USA.,

    Peter Cramton

  3. Axel Ockenfels is professor of economics at the University of Cologne, Germany.,

    Axel Ockenfels

  4. Steven Stoft is an economist in Berkeley, California, USA.,

    Steven Stoft

Authors
  1. David J. C. MacKay
    View author publications

    Search author on:PubMed Google Scholar

  2. Peter Cramton
    View author publications

    Search author on:PubMed Google Scholar

  3. Axel Ockenfels
    View author publications

    Search author on:PubMed Google Scholar

  4. Steven Stoft
    View author publications

    Search author on:PubMed Google Scholar

Corresponding author

Correspondence to Steven Stoft.

Additional information

Tweet Follow @NatureNews

Related links

Related links

Related links in Nature Research

Policy: Climate advisers must maintain integrity 2015-May-06

Climate change: Embed the social sciences in climate policy 2015-Apr-01

Economics: Support low-carbon investment 2015-Mar-04

Climate policy: Ditch the 2 °C warming goal 2014-Oct-01

Nature special: Outlook for Earth

Related external links

UN Climate Change Newsroom

Intergovernmental Panel on Climate Change

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

MacKay, D., Cramton, P., Ockenfels, A. et al. Price carbon — I will if you will. Nature 526, 315–316 (2015). https://doi.org/10.1038/526315a

Download citation

  • Published:

  • Issue date:

  • DOI: https://doi.org/10.1038/526315a

This article is cited by

Search

Advanced search

Quick links

Nature Briefing

Sign up for the Nature Briefing newsletter — what matters in science, free to your inbox daily.

Get the most important science stories of the day, free in your inbox. Sign up for Nature Briefing