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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