Seminar paper from the year 2010 in the subject Business economics - Trade and Distribution grade: 10 University of Frankfurt (Main) (Wirtschaftswissenschaften) course: Economics of Climate Change language: English abstract: This academic paper targets the intergenerational risk sharing dilemma of the current international policy effort to establish conditions of global cooperation for a global carbon price which could with an adequate carbon-pricing framework reduce and share cost of mitigation in an efficient effective and equitable way helping to decouple growth from greenhouse gas emissions.