This chapter discusses wester everybody can win in a climate agreement, and whether everyone should win. There are divisions at the negotiating tables between rich and poor, perspectives or present and future generations, etc. Professor Sachs brings back the basic diagram to show the negotiations between two groups of countries, and considers how to tilt consumers and market behavior in certain directions using regulation and corrective pricing like carbon taxes. It is interesting to consider whether or not all parties should be considered to benefit in negotiations, especially considering the case of next importers and exporters of fossil fuels in negotiations, like the EU or Canada and the US, for example, as the EU is an importer and is an advocate for climate action, while Canada and the US are exporters, and have been part of a blocking coalition. Big oil companies are among the most powerful political lobbies in the world. This video is part of the module Towards a New Climate Agreement Based on 2-Degree.

This video is licensed under the CC BY-NC-SA license.