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The purpose of this study is to investigate the temporal aspects of the social cost of greenhouse gases (GHGs). I am particularly interested in the interaction between time of emissions, discounting, and type of GHG (where different GHGs have different atmospheric lifetimes). I show graphically...
Persistent link: https://www.econbiz.de/10012654373
The purpose of this study is to investigate the temporal aspects of the social cost of greenhouse gases. We are particularly interested in the interaction between time of emissions, discounting and type of greenhouse gas (where different greenhouse gases have different atmospheric life time). We...
Persistent link: https://www.econbiz.de/10009651238
In some cost benefit analysis (CBA) applications, as for example valuation of climate change damages, distributional weights are used to account for diminishing utility of marginal income. This is usually done by intratemporal distributional weights, which are combined with discounting to...
Persistent link: https://www.econbiz.de/10010567128