Focusing on policies and effort costs rather than emissions may facilitate climate negotiations and improve the chances of reaching a successful agreement. The effort costs of a country comprise investments in low-carbon technologies, in addition to direct mitigation costs.
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Acknowledgements
I have benefitted from discussions with and/or received very helpful comments from the following people: Scott Barrett, Ottmar Edenhofer, Larry Karp, and Robert Marschinski. I also thank the members of the CREW-project for inspiring discussions. Financial support by the German Federal Ministry for Education and Research is gratefully acknowledged (FKZ01LA1121C).
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Schmidt, R. A balanced-efforts approach for climate cooperation. Nature Clim Change 5, 10–12 (2015). https://doi.org/10.1038/nclimate2447
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DOI: https://doi.org/10.1038/nclimate2447
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