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I offer a selective review of discounting and climate policy. Analytic and numerical models show that different assumptions greatly change the degree to which decisions about climate policy depend on the discount rate. I discuss a claim that standard models exaggerate the current generation's...
Persistent link: https://www.econbiz.de/10003872837
Marine and permafrost-based methane hydrates are the largest existing fossil carbon resource, whereby the marine deposits far outweigh the terrestrial ones. Their broad geographic distribution, especially in comparison to oil and conventional gas, make them a promising future source of energy....
Persistent link: https://www.econbiz.de/10003924134
Reducing greenhouse gas emissions not only lowers expected damages from climate change but also reduces the risk of catastrophic impacts. However, estimates of the social cost of carbon, which measures the marginal value of carbon dioxide abatement, often do not capture this risk reduction...
Persistent link: https://www.econbiz.de/10009159729
Abstract Reducing greenhouse gas emissions not only lowers expected damages from climate change but also reduces the risk of catastrophic impacts. However, estimates of the social cost of carbon, which measures the marginal value of carbon dioxide abatement, often do not capture this risk...
Persistent link: https://www.econbiz.de/10009520355
This contribution describes the linkage of microsimulation models and computable general equilibrium (CGE) models using two already established models called “STSM” and “PACE-L” used by the Centre for European Economic Research. This state of the art research method for applied policy...
Persistent link: https://www.econbiz.de/10003888021
The development of the agricultural sector and the improvement of the food security situation are seen as essential components to sustainable development in Africa. However, continuing population growth, impacts of climate change and environmental degradation add to an unprecedented combination...
Persistent link: https://www.econbiz.de/10009672279
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