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Unilateral measures and global emissions mitigation

Shurojit Chatterji, Sayantan Ghosal, Sean Walsh and John Whalley

No 271285, Economic Research Papers from University of Warwick - Department of Economics

Abstract: In this paper we discuss global climate change mitigation that builds on existing unilateral actions to deliver ever deepening emission cuts over time. A wide array of unilateral environmental measures have been documented. We discuss the rationale for such measures and argue that unilateral initiatives have the potentialto generate positive spillover e¤ects both within and across countries. Using a simple dynamic model of learning, we show how global negotiations can accelerate convergence to a global low emissions regime by building on and strengthening the positive spillovers inherent in unilateral initiatives.

Keywords: Financial; Economics (search for similar items in EconPapers)
Pages: 34
Date: 2009-09
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uwarer:271285

DOI: 10.22004/ag.econ.271285

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