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Climate policy and competitiveness: policy guidance and quantitative evidence
Carbone, Jared C. Colorado School of Mines. Payne Institute for Public Policy Rivers, Nicholas
Carbone, Jared C.
Colorado School of Mines. Payne Institute for Public Policy
Rivers, Nicholas
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2015-11
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Abstract
Climate change is a global problem because greenhouse gases (GHGs) are global pollutants. Countries that undertake unilateral policies to reduce GHG emissions will incur the cost of those policies, while all countries receive the benefits. This misalignment of costs and benefits lends itself to free-riding, where countries are reluctant to undertake costly emission reductions out of concern that other countries will not adopt comparable measures. In public discourse, these concerns often revolve around the idea that unilateral policies will impact a country’s global "competitiveness".
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©2015 by the Payne Institute for Earth Resources. All rights reserved.