Kiel,

Moreno-Cruz, Juan B. (2015): Mitigation and the geoengineering threat

Moreno-Cruz, Juan B. (2015): Mitigation and the geoengineering threat. In Resource and Energy Economics 41, pp. 248–263. DOI 10.1016/j.reseneeco.2015.06.001.

"This paper examines the economic issues introduced when geoengineering becomes available in a standard model where strategic interaction leads to suboptimal mitigation. Geoengineering introduces the possibility of technical substitution away from mitigation, but it also affects the strategic interaction across countries: mitigation decisions directly affect geoengineering decisions."

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