Poster's note : sounds interesting, but hard to decipher from abstract. I
hope someone can reply with the paper

http://www.sciencedirect.com/science/article/pii/S030147971400574X

Journal of Environmental Management
15 March 2015, Vol.151:22–32,
doi:10.1016/j.jenvman.2014.11.033

Strategic effects of future environmental policy commitments: Climate
change, solar radiation management and correlated air pollutants

Jingwen Qu
Emilson Caputo Delfino Silva

Highlights

•Solar radiation management (SRM) is an attractive option to carbon
reduction.
•If nations commit to SRM, national carbon quotas rise with national SRM
levels.
•If nations commit to SRM, the global temperature falls.
•A nation has an incentive to be a policy leader in either carbon or SRM
policy.
•The globe prefers simultaneous policy commitments in SRM policy.

Abstract

We study the effects of environmental policy commitments in a futuristic
world in which solar radiation management (SRM) can be utilized to reduce
climate change damages. Carbon and sulfur dioxide emissions (correlated
pollutants) can be reduced through tradable permits. We show that if
nations simultaneously commit to carbon permit policies, national SRM
levels rise with carbon quotas. Alternatively, if they simultaneously
commit to SRM policies, the global temperature falls with each unit
increase in the global SRM level. A nation always wishes to be a leader in
policymaking, but prefers carbon to SRM policymaking. The globe prefers SRM
policy commitments.

Keywords

Strategic environmental policy
Policy commitments
Correlated pollutants
Solar radiation management
Climate change

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