A Voting Architecture for the Governance of Free�?Driver Externalities, with Application to Geoengineering

  title={A Voting Architecture for the Governance of Free�?Driver Externalities, with Application to Geoengineering},
  author={M. Weitzman},
  journal={Public Choice: Analysis of Collective Decision-Making eJournal},
  • M. Weitzman
  • Published 2012
  • Economics
  • Public Choice: Analysis of Collective Decision-Making eJournal
  • Abating climate change is an enormous international public-goods problem with a classical “free-rider” structure. However, it is also a global “free-driver” problem because geoengineering the stratosphere with reflective particles to block incoming solar radiation is so cheap that it could essentially be undertaken unilaterally by one state perceiving itself to be in peril. This exploratory paper develops the main features of a free-driver externality in a simple model motivated by the… CONTINUE READING
    75 Citations
    Climate Engineering in an Interconnected World: The Role of Tariffs
    • 1
    • PDF
    Asymmetric impacts and over-provision of public goods
    Strategic Implications of Counter-Geoengineering: Clash or Cooperation?
    • 9
    • Highly Influenced
    • PDF
    Quantifying Non-Cooperative Climate Engineering
    • 3
    • PDF
    Mirage on the Horizon: Geoengineering and Carbon Taxation Without Commitment
    • 4
    The international politics of geoengineering: The feasibility of Plan B for tackling climate change
    • O. Corry
    • Political Science, Medicine
    • Security dialogue
    • 2017
    • 21
    Five Essays in the Economics of Climate Engineering,Research, and Regulation under Uncertainty
    • 2
    • Highly Influenced
    • PDF


    The Incredible Economics of Geoengineering
    • 302
    • PDF
    Geoengineering the Climate: Science, Governance and Uncertainty
    • 314
    • PDF
    The Real Economics of Climate Engineering
    • 31
    • PDF
    The economic diplomacy of geoengineering
    • 106
    Governing Climate Engineering: Scenarios for Analysis
    • 20
    • PDF
    On the regulation of geoengineering
    • 165
    • PDF
    A Case for Climate Engineering
    • 148
    • PDF
    International Governance of Climate Engineering
    • 40