Current debates on climate mitigation emphasize the role of the inertia of the economic system. Our aim in this paper is to study more in depth how sectorally differentiated inertia impacts on optimal C02-emission abatement policies. Using the STARTS model, we show that optimal abatement levels...

Climate change is representative of a general class of environmental issues where decisions have to be taken under controversies. The policy framework for these kinds of decisions is defined by three important traits: scientific ignorance, mediatization and the need for innovation. Scientific...

Following the UN Framework Convention on Climate Change [1], countries will negotiate in Kyoto this December an agreement to mitigate greenhouse gas emissions. Here we examine optimal CO2 policies, given long-term constraints on atmospheric concentrations. Our analysis highlights the interplay...

This paper examines the economic rationale behind both the quantitative targets and the flexibility mechanisms adopted in the Kyoto Protocol. It synthesises some theoretical dimensions of the debate about the so-called "when flexibility" of climate policies, explaining the importance of the...

This paper examines the consequences of various attitudes towards climate damages through a family of stochastic optimal control models (RESPONSE): cost-efficiency for a given temperature ceiling; cost-benefit analysis with a "pure preference for current climate regime" and full cost-benefit...

Le CIRED a organisé un colloque le jeudi 20 mars 2014 à l'auditorium du CNRS. Cet événement a été produit dans le cadre du projet de recherche européen R&Dialogue, en association avec le laboratoire PACTE (U. Grenoble-CNRS) et avec le soutien de l'INSHS et de l'INSIS du CNRS. Ce document...

This study estimates the human cost of failures in the CCS industry in 2050, using the actuarial approach. The range of expected fatalities is assessed integrating all steps of the CCS chain: additional coal production, coal transportation, carbon capture, transport, injection and storage, based...