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Ancillary benefits and costs of greenhouse gas mitigation : proceedings of an IPCC co-sponsored workshop, held on 27 - 29 March 2000, in Washington D.C.

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Cost benefit analysis (CBA) is a systematic approach to compare the costs and bene-fits of alternatives, e.g. a decision between the construction or non-construction of a traffic light, in order to assess the welfare change. The purpose of a CBA is to facilitate a more efficient allocation of...

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