Marleau Lecture Series - Graduate Research seminars - Valentina Bosetti

Negative Emissions Technologies (NETs) — a range of methods to remove carbon dioxide from the atmosphere— are a crucial innovation in meeting temperature targets set by international climate agreements. However, mechanisms which undo the adverse consequences of short-sighted actions (as NETs) can fuel substitution effects and crowd out virtuous behaviors (e.g., mitigation efforts). For this reason, the impact of NETs on environmental preservation is an open question among scientists and policy-makers. We model this problem through a novel restorable common-pool resource game and use a laboratory experiment to exogenously manipulate key features of NETs and assess their consequences. We show that crowding out only emerges when NETs are surely available and cheap. The availability of NETs does not allow experimental communities to either conserve the common resource for longer or accrue higher earnings and makes the earnings distribution more unequal.

Valentina Bosetti photo

Valentina Bosetti

Bocconi University and Innocenzo Gasparini Institute for Economic Research

Valentina Bosetti is a professor of environmental and climate change economics at Bocconi University. She is also a senior scientist at the RFF-CMCC European Institute on Economics and the Environment and she has been collaborating with the Euro-Mediterranean Center on Climate Change since 2010. Professor Bosetti wrote numerous papers on integrated assessment modeling of climate change, on green innovation and on climate change perception. She was one of the lead authors of the 5th and 6th Assessment Report of the IPCC (2014, 2022). Professor Bosetti was the Principal Investigator of two ERC Starting Grants, one on Innovation and clean technologies (ICARUS) and a second on Uncertainty and Climate Change (RISICO). She served as the president of the Italian Association of Environmental and Resource Economics (IAERE) and as council member of the European one (EAERE). Between 2020 and 2023, she served as Chairwoman of the Italian TSO, Terna S.p.A.

Link for the paper.

If you require accommodation, please contact the event host as soon as possible.
Date and time
Apr 16, 2024
2:30 p.m. to 4 p.m.
Format and location
In person
Social Sciences Building (FSS), room 4006
Graduate students, Undergraduate students, Professors, Researchers
Organized by
Department of Economics