uncertainty of climate impacts. Using a two-period sequential decision making model, we analytically derive optimal rates for the … two control variables, abatement and sequestration rates. Uncertainty is assumed to affect the desired future …. Contrary to recent numerical studies, we find that uncertainty can make it optimal to use carbon sequestration either earlier …

to 2050 under conditions of uncertainty. We note that there is a trade-off between sequestration and alternative uses of … than when they were unconcerned with uncertainty. Policy makers’ risk attitudes affect forest management strategy primarily …. Excluding wood products from a climate strategy can be expensive if policy maker are insensitive to uncertainty. …

The complexity of integrated assessment models (IAMs) prevents the direct appreciation of the impact of uncertainty on …

-making under conditions of extreme uncertainty, to examine the conditions under which technology incentives should be a key … potential adopters can reduce their uncertainty about the performance of new technologies by querying the experience of other …