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Apportioning climate change costs.

 
  I. INTRODUCTION 
 II. BACKGROUND ON CLIMATE CHANGE 
III. HOLDING EMITTERS RESPONSIBLE 
   A. Who Should Pay? 
   B. Designing a System to Shift Costs to Emitters 
IV. FOUR QUESTIONS ABOUT APPORTIONING RESPONSIBILITY AMONG EMITTERS 
   A. Total or Excess Emissions? 
   B. Average or Marginal Effect? 
   C. Current or Cumulative Emissions? 
   D. Current or Projected Harms? 
   E. The Restitution Measure as an Alternative 
   F. Lessons on Apportioning Responsibility from CERCLA 
V. CONCLUSION 

I. INTRODUCTION

As most people now realize, our society can no longer postpone serious consideration of how to respond to climate change. Most public attention has been focused on the ...

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