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Global Carbon Pricing: We Will If You Will. Richard Cooper, October 22, 2015, Book Chapter (see Chapter 2: The Case for Pricing Greenhouse Gas Emissions). "This paper makes the case for negotiating a common international charge on greenhouse gas emissions (“carbon”) as opposed to global cap-and-trade. All countries would be covered in principle, but a much smaller number that covered most of the emissions would suffice. The charge would be internationally adjusted from time to time, and each country would collect and keep the revenue it generated by imposition of national taxes on fossil fuels, cap-and-trade schemes or any combination..." Link