Timing effects of carbon mitigation and solar radiation management policies
We study timing effects of carbon mitigation and solar radiation management (SRM) policies for correlated pollutants, CO₂ and SO₂. We show that national levels of carbon and sulfur emissions quotas and SRM implementation are positively correlated with each other. First-mover advantages exist when de...
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Georgia Institute of Technology
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ndltd-GATECH-oai-smartech.gatech.edu-1853-437202013-01-07T20:39:06ZTiming effects of carbon mitigation and solar radiation management policiesQu, JingwenTiming effectsCorrelated pollutantsSolar radiation managementEngineering geologyGlobal warmingSolar radiationGreenhouse gas mitigationWe study timing effects of carbon mitigation and solar radiation management (SRM) policies for correlated pollutants, CO₂ and SO₂. We show that national levels of carbon and sulfur emissions quotas and SRM implementation are positively correlated with each other. First-mover advantages exist when deciding both carbon quotas and SRM levels. Moreover, we use an example to illustrate that if international equity is considered, governments would be willing to choose SRM levels before carbon quotas since it yields higher payoffs and less acid rain and droughts damages. This timing was neglected by all previous theoretical economic models on geoengineering.Georgia Institute of Technology2012-06-06T16:49:03Z2012-06-06T16:49:03Z2012-04-06Thesishttp://hdl.handle.net/1853/43720 |
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Timing effects Correlated pollutants Solar radiation management Engineering geology Global warming Solar radiation Greenhouse gas mitigation |
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Timing effects Correlated pollutants Solar radiation management Engineering geology Global warming Solar radiation Greenhouse gas mitigation Qu, Jingwen Timing effects of carbon mitigation and solar radiation management policies |
description |
We study timing effects of carbon mitigation and solar radiation management (SRM) policies for correlated pollutants, CO₂ and SO₂. We show that national levels of carbon and sulfur emissions quotas and SRM implementation are positively correlated with each other. First-mover advantages exist when deciding both carbon quotas and SRM levels. Moreover, we use an example to illustrate that if international equity is considered, governments would be willing to choose SRM levels before carbon quotas since it yields higher payoffs and less acid rain and droughts damages. This timing was neglected by all previous theoretical economic models on geoengineering. |
author |
Qu, Jingwen |
author_facet |
Qu, Jingwen |
author_sort |
Qu, Jingwen |
title |
Timing effects of carbon mitigation and solar radiation management policies |
title_short |
Timing effects of carbon mitigation and solar radiation management policies |
title_full |
Timing effects of carbon mitigation and solar radiation management policies |
title_fullStr |
Timing effects of carbon mitigation and solar radiation management policies |
title_full_unstemmed |
Timing effects of carbon mitigation and solar radiation management policies |
title_sort |
timing effects of carbon mitigation and solar radiation management policies |
publisher |
Georgia Institute of Technology |
publishDate |
2012 |
url |
http://hdl.handle.net/1853/43720 |
work_keys_str_mv |
AT qujingwen timingeffectsofcarbonmitigationandsolarradiationmanagementpolicies |
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1716475737608814592 |