Title

Unilateral measures and emissions mitigation

Publication Type

Book Chapter

Publication Date

10-2012

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.

Discipline

Economic Theory | Environmental Policy

Research Areas

Economic Theory

Publication

The global development policy regimes to combat climate change

Editor

N. Stern, A. Bowen & J. Whalley

First Page

181

Last Page

223

ISBN

9789814551854

Identifier

10.1142/9789814551854_0008

Publisher

World Scientific

City or Country

Singapore

Additional URL

http://doi.org/10.1142/9789814551854_0008