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Estimates of the marginal damage costs of carbon dioxide emissions require the aggregation of monetised impacts of climate change over people with different incomes and in different jurisdictions. Implicitly or explicitly, such estimates assume a social welfare function and hence a particular...
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Sea-level rise threatens low-lying areas around the world's coasts with increased coastal flooding during storms. One response to this challenge is to build or upgrade coastal flood defenses. This report examines the potential investment costs of such an adaptation strategy applied globally over...
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Owing to globalization, the potential impacts of climate change/sea-level rise in one country/region are likely to affect and be felt elsewhere. Such indirect impacts could be significant but have received a limited analysis. This deficiency is addressed here using the indirect impacts on...
Persistent link: https://www.econbiz.de/10010970630
There is an unknown but probably small probability that the West-Antarctic Ice Sheet (WAIS) will collapse because of anthropogenic climate change. A WAIS collapse could cause a 5--6 metre global sea level rise within centuries. In three case studies, we investigate the response of society to the...
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The authors use FUND 3.9 to estimate the social cost of four greenhouse gases-carbon dioxide, methane, nitrous oxide, and sulphur hexafluoride-with sensitivity tests for carbon dioxide fertilization, terrestrial feedbacks, climate sensitivity, discounting, equity weighting, and socioeconomic and...
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