What's the role of unilateral measures in global climate change mitigation in a post-Durban, post 2012 global policy regime? We argue that under conditions of preference heterogeneity, unilateral emissions mitigation at a subnational level may exist even when a nation is unwilling to commit to emission cuts. We establish that under certain assumptions, in a global strongly connected network of countries, learning the costs of switching to a low emissions activity can result in a universal adoption of such activities. We analyze the features of a policy proposal that could accelerate convergence to a low carbon world in the presence of global learning.
Unilateral initiatives, mitigation, global learning, technology transfer
Economics | Economic Theory | Environmental Policy
Climate Change Economics
CHATTERJI, Shurojit; GHOSAL, Sayantan; WALSH, Sean; and WHALLEY, John.
Unilateral Emissions Mitigation, Spillovers, and Global Learning. (2014). Climate Change Economics. 5, (3),. Research Collection School Of Economics.
Available at: http://ink.library.smu.edu.sg/soe_research/1614
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