We test the hypothesis that models should be coupled to accurately project the impacts of climate change on the agro-economic and agro-environmental system. We couple the LPJ-C global dynamic vegetation model for crops to the global agricultural land-use model KLUM. Potential crop yields, from...

The integrated assessment model FUND 2.8n is applied in an analysis of the overall economic consequences in a scenario of a shutdown of the thermohaline circulation (THC). Monetized market and non-market impacts of changes in environmental conditions following a THC collapse are determined for...

We use an updated and extended version of the Hamburg Tourism Model to simulate the effect of development and climate change on tourism. Models extensions are the explicit modelling of domestic tourism, and the inclusion of tourist expenditures. Climate change would shift patterns of tourism...

Tourism, being volatile and situation-specific, is responsive to climate change. A crosssection analysis is conducted on destinations of OECD tourists and a factor and regression analysis on holiday activities of Dutch tourists, to find optimal temperatures at travel destination for different...

Using the FUND model, an impact assessment is conducted over the 21st century for rises in sea level of up to 2-m/century and a range of national socio-economic scenarios. This model balances the costs of retreat with the costs of protection, including the effects of coastal squeeze. While the...

I compare and contrast five climate scenarios: (1) no climate policy; (2) non-cooperative cost-benefit analysis (NC CBA); (3) NC CBA with international permit trade; (4) NC CBA with joint and several liability for climate change damages; and (5) NC CBA with liability proportional to a country’s...

Integrated Assessment Models (IAMS) have helped us over the past decade to understand the interactions between the environment and the economy in the context of climate change. Although it has also long been recognized that adaptation is a powerful and necessary tool to combat the adverse...

Cost-benefit analysis is only applicable if the variances of both costs and benefits are finite. In the case of climate change, the variances of the net present marginal costs and benefits of greenhouse gas emission reduction need to be finite. Finiteness is hard, if not impossible to prove. The...

We discuss the implication of Weitzman's Dismal Theorem for climate policy and climate research.

The literature of welfare-maximising greenhouse gas emission reduction strategies pays remarkably little attention to equity. This paper introduces various ways to consider efficiency and equity simultaneously. Lower (higher) discount rates lead to higher (lower) emission reduction. Higher...