Strategic dimensions of solar geoengineering: economic theory and experiments

Daniel Heyen and Alessandro Tavoni

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Solar geoengineering denotes a set of technologies that would enable a fast and relatively cheap global temperature reduction. Besides potential physical side-effects, a major concern is the strategic dimension: Who is going to use solar geoengineering and how would it affect others? How does the presence of solar geoengineering change the strategic incentives surrounding other climate policy instruments such as mitigation? We review the existing theoretical and experimental contributions to those questions and outline promising lines of future economic research.

Keywords: climate policy; experiments; political economy; public goods; solar geoengineering; strategic interaction (search for similar items in EconPapers)
JEL-codes: H41 Q54 (search for similar items in EconPapers)
Date: 2024-10-01
New Economics Papers: this item is included in nep-ene, nep-env and nep-exp
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Published in Journal of Behavioral and Experimental Economics, 1, October, 2024, 112. ISSN: 2214-8043

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