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Marcel Boiteux and the Three Domains: Lessons from an Unexpected Encounter
The author uses the work of Marcel Boiteux and the 'three domains' framework to critique modern climate economics for neglecting the role of finance and the complexities of real-world implementation. By examining Boiteux's contributions to electricity pricing and the Ramsey-Boiteux rule, the text argues that economic analysis should serve as a 'negotiation language' to align technical efficiency with political goals and financial realities, particularly to bridge the gap between the 'North's' focus on carbon pricing and the 'South's' need for finance.
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Document type: Statement
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