Climate Change - environmental and technology policies in a strategic context

A Ulph, David Ulph

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    50 Citations (Scopus)


    There are a number of features of climate change which make it one of the most challenging problems confronting policy makers and policy analysts. In this paper we consider three such features: (i) climate change is a global pollutant so there are strategic interactions between governments over climate policy; (ii) cutting greenhouse gas emissions can have significant cost effects across a number of sectors of the economy, raising concerns about the implications of climate change policy on competitive advantage; (iii) the long-time scales on which climate change operates means that an important dimension of climate change policy is policy towards R&D to cut the costs of dealing with climate change. In Ulph and Ulph (1996) [Ulph A, Ulph D (1996) In: Carraro C, Katsoulacos Y, Xepapadeas A (eds) Environmental policy and market structure. Kluwer, Dordrecht, pp 181-208] we presented a model to analyse these issues, but considered only environmental policies. In this paper we extend that analysis to allow for both a richer set of policy instruments (environmental and technology policies) and a richer strategic context.

    Original languageEnglish
    Pages (from-to)159-180
    Number of pages22
    JournalEnvironmental and Resource Economics
    Issue number1
    Publication statusPublished - May 2007


    • climate change
    • environmental and technology policies
    • strategic output effect
    • environmental spillover investment effect
    • information sharing asymmetries
    • CARBON


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