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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Bibliographic Details
Main Author: Qu, Jingwen
Published: Georgia Institute of Technology 2012
Subjects:
Online Access:http://hdl.handle.net/1853/43720
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spelling 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
collection NDLTD
sources NDLTD
topic Timing effects
Correlated pollutants
Solar radiation management
Engineering geology
Global warming
Solar radiation
Greenhouse gas mitigation
spellingShingle 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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