Emission abatement with per capita and trade considerations

Authors

Amnon Levy, University of WollongongFollow
Jonathan Livermore, University of Sydney

RIS ID

31162

Publication Details

Levy, A. & Livermore, J. (2009). Emission abatement with per capita and trade considerations. Australian Conference of Economists (pp. 1-11). Melbourne, Australia: Professional Association Management Services Pty Ltd.

Abstract

In the absence of a comprehensive international agreement, each country unilaterally sets her abatement of greenhouse gas emissions at a level that possibly maximizes her expected net benefit. In addition to a cleaner and healthier domestic environment and a slower global warming, a country’s benefit from self emission-abatement may include improved image and, in turn, bilateral economic and political relations. This paper analyses a country’s cooperative and non-cooperative emission abatements within a cost-benefit framework that, for equality consideration, is centered on per capita emission and takes international rewards for commitment to be responsive to per capita income and output composition.

Link to publisher version (URL)

Australian Conference of Economists