Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer
Green Car Congress
DECEMBER 20, 2009
According to Tol, the impact of a tax hike of this magnitude could reduce world GDP 12.9% Although they are expanding, licensing markets are still underdeveloped, compared to their potential. This increases the difficulty in negotiating deals, generating potential market failures (OECD 2006a). Obstacles to Licensing.
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