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What We Know and Don't Know About Climate Change, and Implications for Policy

Pindyck, Robert S. - 2022

There is a lot we know about climate change, but there is also a lot we don't know. Even if we knew how much CO2 will be emitted over the coming decades, we wouldn't know how much temperatures will rise as a result. And even if we could predict the extent of warming that will occur, we can say...

Persistent link: https://www.econbiz.de/10013306636

Designing Climate Mitigation Policy

Aldy, Joseph E. - 2010

This paper provides an exhaustive review of critical issues in the design of climate mitigation policy by pulling together key findings and controversies from diverse literatures on mitigation costs, damage valuation, policy instrument choice, technological innovation, and international climate...

Persistent link: https://www.econbiz.de/10013152601

Projections and Uncertainties About Climate Change in an Era of Minimal Climate Policies

Nordhaus, William D. - 2016

Climate change remains one of the major international environmental challenges facing nations. Up to now, nations have to date adopted minimal policies to slow climate change. Moreover, there has been no major improvement in emissions trends as of the latest data. The current study uses the...

Persistent link: https://www.econbiz.de/10012977286

Climate Engineering Economics

Heutel, Garth - 2015

, strategic interaction in the design of international environmental agreements, and the sources of risk and uncertainty …

Persistent link: https://www.econbiz.de/10013011933

Optimal Carbon Abatement in a Stochastic Equilibrium Model with Climate Change

Hambel, Christoph - 2015

growth rate impact if damages are presumably severe. We also study the effect of varying risk aversion and elasticity of … intertemporal substitution on our results. If damages are moderate for high temperatures, risk aversion only matters when climate … temperatures, then the results also become sensitive to risk aversion for both damage specifications …

Persistent link: https://www.econbiz.de/10013025253

Analysis of U.S. Greenhouse Gas Tax Proposals

Metcalf, Gilbert E. - 2013

The U.S. Congress is considering a set of bills designed to limit the nation's greenhouse gas (GHG) emissions. This paper complements the analysis by Paltsev et al. (2007) of cap-and-trade bills and applies the MIT Emissions Prediction and Policy Analysis (EPPA) model to carry out an analysis of...

Persistent link: https://www.econbiz.de/10012753602

Correcting Estimates of Electric Vehicle Emissions Abatement : Implications for Climate Policy

Muehlegger, Erich; Rapson, David - 2022

Transportation electrification is viewed by many as a cornerstone for climate change mitigation, with the ultimate vision to phase out conventional vehicles entirely. In a world with only electric vehicles (EVs), transportation pollution would be primarily determined by the electricity grid...

Persistent link: https://www.econbiz.de/10014243371

Spillovers from Climate Policy

Holland, Stephen P. - 2010

Climate policy spillovers can be either positive or negative since firms change their production processes in response to climate policies, which may either increase or decrease emissions of other pollutants. Understanding these ancillary benefits or costs has important implications for climate...

Persistent link: https://www.econbiz.de/10013141315

Uncertainty, Climate Change and the Global Economy

von Below, David - 2008

The paper illustrates how one may assess our comprehensive uncertainty about the various relations in the entire chain from human activity to climate change. Using a modified version of the RICE model of the global economy and climate, we perform Monte Carlo simulations, where full sets of...

Persistent link: https://www.econbiz.de/10012769638

The Perception and Valuation of the Risks of Climate Change : A Rational and Behavioral Blend

Viscusi, W. Kip - 2012

was 1-3 degrees Fahrenheit. In addition, people with higher risk estimates, whether for temperature or related risks (e …, significant behavioral propensities also emerged. For example, accessibility of neutral information on global warming boosted risk …

Persistent link: https://www.econbiz.de/10012755602

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