Unilateral Emissions Mitigation, Spillovers, and Global Learning
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...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2014
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/1614 https://ink.library.smu.edu.sg/context/soe_research/article/2613/viewcontent/UnilateralEmissionMitigationSpillGlobalLearning_2013.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | 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. |
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