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
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.
|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|