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guess” levels. We find that incorporating these impacts can increase the social cost of carbon by a factor of 20 …
Persistent link: https://www.econbiz.de/10005463819
If the threshold that triggers climate catastrophe is known with certainty, and the benefits of avoiding catastrophe … net benefits of avoiding catastrophe are lower, treaties typically fail to help countries cooperate to avoid catastrophe …, sustaining only modest cuts in emissions. These results are unaffected by uncertainty about the impact of catastrophe. By …
Persistent link: https://www.econbiz.de/10010877724
If the threshold that triggers climate catastrophe is known with certainty, and the benefits of avoiding catastrophe … net benefits of avoiding catastrophe are lower, treaties typically fail to help countries cooperate to avoid catastrophe …, sustaining only modest cuts in emissions. These results are unaffected by uncertainty about the impact of catastrophe. By …
Persistent link: https://www.econbiz.de/10010290754
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In this paper we analyse the influence on climate change by one of the most important factors: the energy production and consumption, who caused in the last decades important damages to the ecosystems. The available resources of energy production are quit
Persistent link: https://www.econbiz.de/10008511816
According to the Framework Convention on Climate Change, global collective action is needed to stabilize “greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous [our emphasis] anthropogenic interference with the climate system.” The Framework Convention thus...
Persistent link: https://www.econbiz.de/10010734324
Suppose that there is a probability density function for how bad things might get, but that the overall rate at which this probability density function slims down to approach zero in the tail is uncertain. The paper shows how a basic precautionary principle of tail fattening could then apply....
Persistent link: https://www.econbiz.de/10010862794