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premium into the model, results show a substantial increase in both mitigation and adaptation, reflecting a more conservative … attitude by the social planner. Interestingly, adaptation is stimulated more than mitigation in the first half of the century …, while the situation reverses afterwards. Over the century, the risk premium correction fosters more mitigation, which …
Persistent link: https://www.econbiz.de/10011451668
Persistent link: https://www.econbiz.de/10012989219
This paper contributes to the normative literature on mitigation and adaptation by framing the question of their … mitigation. Our analysis also shows that adaptation transfers from and strategic unilateral commitments to adaptation in … to address with mitigation Our second conclusion is that supporting adaptation in developing countries should be …
Persistent link: https://www.econbiz.de/10010476445
Commission adopted a new Strategy on Adaptation to Climate Change aiming to reinforce the adaptive capacity and minimize … with respect to both the intertemporal consumption and the mix between an insurance (adaptation) against the magnitude of … the catastrophic losses, and an effort strategy (mitigation) aimed at reducing the frequency of such losses. The …
Persistent link: https://www.econbiz.de/10012609390
This paper contributes to the normative literature on mitigation and adaptation by analyzing their optimal policy … substantive emission reductions, do not succeed. The policy balance is realigned from adaptation toward more mitigation, and the … responsiveness of mitigation to changes in adaptation decreases. Compared to a world without climate catastrophes, risk reduces the …
Persistent link: https://www.econbiz.de/10010205479
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 … problems. In an attempt to advance in the modelling of adaptation within IAM models, we apply this methodology to shed some …
Persistent link: https://www.econbiz.de/10011451547
Up to now a clear theoretical and methodological framework for economic-environmental analysis of environmentally damaging subsidies is lacking. Environmentally damaging subsidies are all kinds of direct and indirect subsidies aimed at achieving a certain (often non-environmental) goal that...
Persistent link: https://www.econbiz.de/10011335220
In this paper, I develop an operational methodology to consistently compare alternative sustainability paradigms (weak sustainability [WS], strong sustainability [SS], a-growth [AG], and de-growth [DG]) and different assessment approaches (life-cycle assessment [LCA], cost-benefit analysis...
Persistent link: https://www.econbiz.de/10013016513
This paper discusses contributions that industrial organization economists have made to our understanding of energy markets and environmental regulation. We emphasize the substantive contributions of recent papers while also highlighting how this literature has adopted and sometimes augmented...
Persistent link: https://www.econbiz.de/10013212406
. Calculations show however, that this Greenhouse CO2-Production must be considered. For solving the mitigation processes we …
Persistent link: https://www.econbiz.de/10012717220