Publication Type
Working Paper
Version
publishedVersion
Publication Date
6-2010
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.
Keywords
Unilateral initiatives, mitigation, global learning, technology transfer
Discipline
Economic Theory | Environmental Policy | Public Economics
Research Areas
Economic Theory
First Page
1
Last Page
33
Citation
CHATTERJI, Shurojit; GHOSAL, Sayantan; WALSH, Sean; and WHALLEY, John.
Unilateral Measures and Emissions Mitigation. (2010). 1-33.
Available at: https://ink.library.smu.edu.sg/soe_research/1164
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.