Tol, Richard S. J. (2016): Distributional Implications of Geoengineering
Tol, Richard S. J. (2016): Distributional Implications of Geoengineering. Department of Economics, University of Sussex (Working Paper, 8316).
"Geoengineering is a private good with externalities. Individual countries, and indeed medium-sized organizations and companies, can geoengineer unilaterally and impose their preferred climate on others. In this paper, I use the FUND model to illustrate the implications, comparing and contrasting efficient, optimal, and equitable solutions to emission reduction and geoengineering."