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Low probability, high impact: the implications of a break-up of China for carbon dioxide emissions
The transition from autocracy to democracy may lead a country to break-up. The break-ups of the USSR and Yugoslavia led to sharp falls in the level of emissions (while pre- and post-crisis trends are similar). If something like that would happen in China, an event with an unknown but small probability, projected emissions would fall by 50 % or more. The effect of a break-up on emissions in 2050 is larger than the difference between the SRES scenarios.
History
Publication status
- Published
Journal
Climatic ChangeISSN
0165-0009Publisher
Springer VerlagExternal DOI
Issue
4Volume
117Page range
961-970Department affiliated with
- Economics Publications
Full text available
- No
Peer reviewed?
- Yes