light on how the optimal balance between mitigation and adaptation changes under different stochastic scenarios. We find … that stochastic technology growth hardly affects the optimal bundle of mitigation and adaptation whereas uncertainty about … composition of the optimal mix as both persuade the risk-averse social planner to invest more in mitigation. Overall, we identify …

scale up climate change mitigation and adaptation. In particular, the empirical analysis indicates that increasing energy … quality clearly outweigh the potential cost of climate change mitigation and adaptation in the short run. The additional …