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How much should the present generations sacrifice to reduce emissions today, in order to reduce the future harms of climate change? Within climate economics, debate on this question has been focused on so-called "ethical parameters” of social time preference and inequality aversion. We show...
Persistent link: https://www.econbiz.de/10012701941
Although emerging technologies like carbon capture and storage and advanced nuclear are expected to play leading roles in greenhouse gas mitigation efforts, many engineering and policy-related uncertainties will influence their deployment. Capital-intensive infrastructure decisions depend on...
Persistent link: https://www.econbiz.de/10011000442