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&D cooperation. This paper explores this idea by analysing on the one hand the incentives for EU, Japan and Russia to adopt this … strategy, and on the other hand the incentives for the US to join a coalition which cooperates both on climate change control … and R&D) will be examined from the view point of countries profitability and free-riding incentives. Finally, after having …
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with some basic economic incentives that are pushing countries towards the formation of two (or more) parallel climate … blocs. To this aim, this paper uses a well known integrated assessment climate-economy model to evaluate the incentives to … cooperation in climate negotiations for the main world countries. A game-theoretic framework is adopted to analyse a country …
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A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...
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Since the mid-1980s, the international community has controlled refrigerants that may damage the ozone layer and cause climate change based on several international agreements. In particular, the Montreal Protocol contributed to not only solving the ozone layer depletion problem but also...
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