Deciding whether or not to mitigate climate change

Reference no: EM132496607

Question - Suppose we had 2 countries, the US and China, deciding whether or not to mitigate climate change. It costs each country $150 billion dollars in investment to mitigate their emissions-they benefit by $100 billion dollars if they mitigate, but by $200 billion dollars if both countries mitigate.

Reference no: EM132496607

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