Global Warming Economics in the Long Run: A Conceptual Framework
Global Warming Economics in the Long Run: A Conceptual Framework
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长期全球变暖经济学:概念框架
DOI:
10.3368/le.86.1.117
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发表时间:
2010
期刊:
影响因子:
1.4
通讯作者:
R. Juliá
中科院分区:
文献类型:
--
作者:
J. Gowdy;R. Juliá
Economic models of climate change typically analyze its short-run effects, for example, up to the year 2100 or for a doubling of atmospheric CO2. This is a potentially serious shortcoming since under a business-as-usual scenario, atmospheric CO2 concentrations could more than quadruple. We introduce a framework that endogenously accounts for long-run climate change and examine the implications of alternative mitigation strategies: one in which the rates of annual emissions are reduced, and one that places absolute limits on the total amount of carbon released. We discuss alternative valuation frameworks, drawing on the debate surrounding the Stern Review. (JEL D61, D63)
影响因子:
14.6
作者:
Martijn Gough
通讯作者:
Martijn Gough