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Persistent link: https://www.econbiz.de/10009663724
processes. ACE shows that uncertainty flips the main drivers of the carbon tax. Uncertainty also makes IAMs even more sensitive … to the discount rate and its composition. Under a recent survey's median estimate for pure time preference, uncertainty …
Persistent link: https://www.econbiz.de/10012896033
The paper analyzes optimal climate policy under uncertainty. It endows a recent quantitative analytic integrated … complex IAM. The approach facilitates new quantitative evidence for the role of uncertainty as well as analytic insights into …
Persistent link: https://www.econbiz.de/10013222601
A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...
Persistent link: https://www.econbiz.de/10014082790
Why do lawyers in some jurisdictions continue to ‘automatically’ exclude the 1980 UN Convention on Contracts for the International Sale of Goods (CISG) in their choices of law for international sales contracts? Why do lawyers in other jurisdictions approach the decision very differently? Why...
Persistent link: https://www.econbiz.de/10014192105
We analyzed the effects of 10,748 weather events on attention to climate change between December 2011 and November 2014 in local areas across the USA. Attention was gauged by quantifying the relative increase in Twitter messages about climate change in the local area around the time of each...
Persistent link: https://www.econbiz.de/10012855205
Ocean iron fertilization is currently discussed as a potential measure to mitigate climate change by enhancing oceanic CO2 uptake. Its mitigation potential is not yet well explored, and carbon offsets generated through iron fertilization activities could currently not be traded on regulated...
Persistent link: https://www.econbiz.de/10010265237
The paper looks at the global environment as a public good and as a sink for CO2-emissions. It discusses problems to be solved in institutional arrangements to protect global environmental media and looks at criteria for allocating the costs of emission reduction and emission rights. It analyzes...
Persistent link: https://www.econbiz.de/10010273106
Persistent link: https://www.econbiz.de/10014484306
Ocean iron fertilization is currently discussed as a potential measure to mitigate climate change by enhancing oceanic CO2 uptake. Its mitigation potential is not yet well explored, and carbon offsets generated through iron fertilization activities could currently not be traded on regulated...
Persistent link: https://www.econbiz.de/10003850546