In the journal Climate and Development, researchers from the Potsdam Institute for Climate Impact Research (PIK), the International Institute for Applied Systems Analysis (IIASA), and PricewaterhouseCoopers test the viability of this strategy by examining trends in Europe’s electricity sector.
The article 'An alternative to a global climate deal may be unfolding before our eyes', is written by Johan Lilliestam, Antonella Battaglini, Charlotte Finlay, Daniel Fürstenwerth, Anthony Patt, Gus Schellekens and Peter Schmidt.
It appears in the forthcoming 'Climate and Development' http://www.tandfonline.com/doi/abs/10.1080/17565529.2012.658273
If you do not have access to the journal, but would like to read a copy of the article, please email Marion Davis marion.davis@sei-us.org or Tom Gill, Managing Editor of the journal tom.gill@sei-international.org