Unilateral emissions mitigation, spillovers, and global learning

Chatterji, S., Ghosal, S. , Walsh, S. and Whalley, J. (2014) Unilateral emissions mitigation, spillovers, and global learning. Climate Change Economics, 5(3), p. 1450008. (doi:10.1142/S2010007814500080)

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Publisher's URL: http://dx.doi.org/10.1142/S2010007814500080

Abstract

What's the role of unilateral measures in global climate change mitigation in a post-Durban, post 2012 global policy regime? We argue that under conditions of preference heterogeneity, unilateral emissions mitigation at a subnational level may exist even when a nation is unwilling to commit to emission cuts. We establish that under certain assumptions, in a global strongly connected network of countries, learning the costs of switching to a low emissions activity can result in a universal adoption of such activities. We analyze the features of a policy proposal that could accelerate convergence to a low carbon world in the presence of global learning.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Ghosal, Professor Sayantan
Authors: Chatterji, S., Ghosal, S., Walsh, S., and Whalley, J.
College/School:College of Social Sciences > Adam Smith Business School > Economics
Journal Name:Climate Change Economics
Publisher:World Scientific Publishing
ISSN:2010-0078
ISSN (Online):2010-0086

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