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Climate Protection/Economic Theories: Climate protection is a global public good that is not rival in use, i.e. the consumption of the good by an actor is not impaired by the fact that an additional actor consumes the good and to which the exclusion principle cannot be applied. So everyone can consume the good of climate protection without paying a price. No one can be excluded. Reducing the greenhouse gas effect and climate change through climate policy benefits everyone.
Environment/Market economy: Climate protection is therefore not or not sufficiently provided by the market (Löschel et al. 2010). (1)
1. Andreas Löschel, Bodo Sturm, und Carsten Vogt. 2010. Die reale Zahlungsbereitschaft für Klimaschutz. Wirtschaftsdienst 90 (11): 749– 753._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018