Does the World Free Ride on US Pledges to Reduce Greenhouse Gas Emissions? Evidence from the Paris Climate Agreement
Written by Black Hot Fire Network on November 21, 2023
The US is widely believed to play a pivotal role in the development of international agreements to reduce greenhouse gas emissions, but do other countries free ride on US pledges? This paper, published in SSRN, provides what we believe is the first empirical evidence by proposing the US Climate Reciprocity Ratio (CRR); this summary statistic is the ratio of the rest of the world’s pledged reductions to the US’ pledged reductions through international climate negotiations. The analysis begins by quantifying countries’ Nationally Determined Contributions (NDCs) and . . .
