The Incredible Economics of Geoengineering Export

@article{Barrett2008, abstract = {Abstract\ \ The focus of climate policy so far has been on reducing the accumulation of greenhouse gases. That approach, however, requires broad international cooperation and, being expensive, has been hindered by free riding; so far, little action has been taken. An alternative approach is to counteract climate change by reducing the amount of solar radiation that strikes the Earth— ” geoengineering.” In contrast to emission reductions, this approach is inexpensive and can be undertaken by a single country, unilaterally. But geoengineering also has worrying consequences: it may harm some countries; it would not address ocean acidification; it would pose new risks. The fundamental challenge posed by this new technology is not free riding but governance: who should decide if and under what circumstances geoengineering should be used?}, author = {Barrett, Scott}, citeulike-article-id = {4163268}, citeulike-linkout-0 = {http://dx.doi.org/10.1007/s10640-007-9174-8}, citeulike-linkout-1 = {http://www.springerlink.com/content/a91294x25w065vk3}, day = {12}, doi = {10.1007/s10640-007-9174-8}, journal = {Environmental and Resource Economics}, keywords = {climate\_change, free\_riding, geoengineering, governance}, month = {January}, number = {1}, pages = {45--54}, posted-at = {2009-10-31 10:04:49}, priority = {3}, title = {The Incredible Economics of Geoengineering}, url = {http://dx.doi.org/10.1007/s10640-007-9174-8}, volume = {39}, year = {2008} }

TY - JOUR ID - Barrett2008 L3 - citeulike-article-id:4163268 N2 - Abstract  The focus of climate policy so far has been on reducing the accumulation of greenhouse gases. That approach, however, requires broad international cooperation and, being expensive, has been hindered by free riding; so far, little action has been taken. An alternative approach is to counteract climate change by reducing the amount of solar radiation that strikes the Earth—“geoengineering.” In contrast to emission reductions, this approach is inexpensive and can be undertaken by a single country, unilaterally. But geoengineering also has worrying consequences: it may harm some countries; it would not address ocean acidification; it would pose new risks. The fundamental challenge posed by this new technology is not free riding but governance: who should decide if and under what circumstances geoengineering should be used? IS - 1 JF - Environmental and Resource Economics EP - 54 TI - The Incredible Economics of Geoengineering VL - 39 SP - 45 KW - climate_change KW - free_riding KW - geoengineering KW - governance AU - Barrett, Scott PY - 2008/01/12/ UR - http://dx.doi.org/10.1007/s10640-007-9174-8 ER -