Fast-Growing Countries and climate change: early actions are worth. A Speech by Massimo Tavoni, Feem and Princeton Environmental Institute
The optimal investment behaviour for emerging economies is to anticipate their participation in a global climate agreement by roughly 10 years, while, If BRIC countries (Brasil, Russia, India and China) will delay their participation, policy costs will increase.
These are some of the conclusions according to Massimo Tavoni’s speech at 2009 International Energy Workhop