Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Climate Change Mitigation 2: Panels Location: B011 Session Chair: Anna-Maria Goeth, Humboldt University of Berlin | |
| Presentation 2 | |
SolACE – Solar Geoengineering in an Analytic Climate Economy 1: German Centre for Integrative Biodiversity Research (iDiv) Halle-Jena-Leipzig; 2: Department of Economics, University of Oslo Nations are failing to meet the Paris Agreement, which relies on cooperative global action to avert the most dangerous impacts of climate change. We analyze an alternative strategy to fight global warming, showing that cooling our planet by solar geoengineering is effective even in a non-cooperative setting. We derive a first-of-a-kind quantitative integrated assessment model that solves the dynamic non-cooperative game amongst regions. It offers analytic solutions for the optimal deployment of solar geoengineering, contrasting the non-cooperative case with that of a global social planner. Moreover, we show analytically and quantitatively how geoengineering affects countries’ incentives to reduce greenhouse gas emissions. A plausible scenario suggests a non-cooperative equilibrium where one or two countries reduce temperatures to the Paris Agreement’s most stringent 1.5C target by 2100. | |

