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Unilateral Measures and Emissions Mitigation

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Author Info
Shurojit Chatterji
Sayantan Ghosal
Sean Walsh
John Whalley

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Abstract

We discuss global climate mitigation that builds on existing unilateral measures to cut emissions. We document and discuss the rationale for such unilateral measures argue that such measures have the potential to generate positive spillover effects both within and across countries. In a simple dynamic model of learning we show that while single countries on their own may never get to the point of switching completely to low emission activities, a learning process with positive spillovers across nations is more likely to deliver a global switch to low emissions. We discuss the key features of a new global Intellectual Property (IP) regime that builds on the positive spillovers inherent in unilateral initiatives and accelerates global convergence to low emissions.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 15441.

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Date of creation: Oct 2009
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Handle: RePEc:nbr:nberwo:15441

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Find related papers by JEL classification:
F53 - International Economics - - International Relations and International Political Economy - - - International Agreements and Observance; International Organizations
Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters

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This page was last updated on 2009-11-25.

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