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Technology, Unilateral Commitments and Cumulative Emissions Reduction

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Author Info
Shurojit Chatterji
Sayantan Ghosal

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Abstract

In this article, we argue that weak property rights over transnational pollution and the limited threat of retaliatory punishments blunts the effectiveness of a broad-based multilateral agreement to deliver the emission reductions required to mitigate climate change. Instead, we propose a policy framework that builds on unilateral commitments, endogenous innovation and technology transfer that could lead to cumulative emissions reduction by altering the participation constraints of nations over time. (JEL codes: Q54, F53, Q50) Copyright , Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/cesifo/ifp009
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Publisher Info
Article provided by Oxford University Press in its journal CESifo Economic Studies.

Volume (Year): 55 (2009)
Issue (Month): 2 (June)
Pages: 286-305
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:oup:cesifo:v:55:y:2009:i:2:p:286-305

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  1. Geethanjali Selvaretnam & Kannika Thampanishvong, 2008. "Efficacy of the Clean Development Mechanism," Discussion Paper Series, Department of Economics 0808, Department of Economics, University of St. Andrews. [Downloadable!]
  2. Chatterji, Shurojit & Ghosal, Sayantan & Walsh, Sean & Whalley, John, 2009. "Unilateral measures and global emissions mitigation," The Warwick Economics Research Paper Series (TWERPS) 915, University of Warwick, Department of Economics. [Downloadable!]
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This page was last updated on 2009-11-28.


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