Technological Change in the Production Sector under the Montreal Protocol

With negotiations under the Montreal Protocol on Substances that Deplete the Ozone Layer (Montreal Protocol) considering limits on hydrofluorocarbons (HFCs) as potent greenhouse gases, this paper examines past transitions during the relatively short, but dynamic history of this international treaty. It focuses on past shifts from chlorofluorocarbons (CFCs) to hydrochlorofluorocarbons (HCFCs) to HFCs, with the goal of identifying lessons that can inform discussions aimed at transitioning from high-global warming potential (high-GWP) HFCs.