Étiqueté : Technology spillovers

A good opening: the key to make the most of unilateral climate action

In this Belfer Center’s paper, the authors argue that when a subgroup of countries cooperate on emission reduction, the optimal response of non-signatories countries reflects the interaction between three potentially opposing factors, the incentive to free-ride on the benefits of cooperation, the incentive to expand the demand of fossil fuels, and the incentive to adopt cleaner technologies introduced by the coalition.

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