Model selection and uncertainty in climate change mitigation research
... • How much do we care about the future? • If we wish to perform a cost-benefit analysis on a future public sector project, such as climate change mitigation, we must choose a discount rate that reflects society’s preference for present benefits over future benefits. • The discount rate used in the S ...
... • How much do we care about the future? • If we wish to perform a cost-benefit analysis on a future public sector project, such as climate change mitigation, we must choose a discount rate that reflects society’s preference for present benefits over future benefits. • The discount rate used in the S ...
This PDF is a selection from a published volume from... of Economic Research
... a price of anywhere from $13 to $263 per tonne is necessary by 2020. This distribution suffers from sample selection bias because it excludes the results of studies that imply that it is infeasible to keep below the ceiling. Working back to the present using a real social discount rate of, say, 3 per ...
... a price of anywhere from $13 to $263 per tonne is necessary by 2020. This distribution suffers from sample selection bias because it excludes the results of studies that imply that it is infeasible to keep below the ceiling. Working back to the present using a real social discount rate of, say, 3 per ...
Week 8 Climate Change Prof Stern
... • Work to understand the empirical issues of the problem at hand, Here, that is the basic science of climate change and its complexities: first part of lecture. • Ensure the analytical framework does justice to the underlying empirical matters (don’t try to shoehorn problems into frameworks just bec ...
... • Work to understand the empirical issues of the problem at hand, Here, that is the basic science of climate change and its complexities: first part of lecture. • Ensure the analytical framework does justice to the underlying empirical matters (don’t try to shoehorn problems into frameworks just bec ...
Climate change: evidence from natural sciences and
... 2. Lowering the carbon-emissions intensity of energy supply through additions of renewable and nuclear energy supply and through modifications to fossil fuel technologies that enable the capture and sequestration of CO2 3. Reducing the carbon emissions from land-use change by means of reforestation, ...
... 2. Lowering the carbon-emissions intensity of energy supply through additions of renewable and nuclear energy supply and through modifications to fossil fuel technologies that enable the capture and sequestration of CO2 3. Reducing the carbon emissions from land-use change by means of reforestation, ...
V00d*_ppt
... Costs of reducing emissions to stabilize between 450 and 550 ppm CO2equiv • Costs of doing nothing (BAU): Stern calculates, damages from BAU would be equivalent to at least 5 and up to 20% of consumption a year, depending on the types of risks and effects included. • Costs ...
... Costs of reducing emissions to stabilize between 450 and 550 ppm CO2equiv • Costs of doing nothing (BAU): Stern calculates, damages from BAU would be equivalent to at least 5 and up to 20% of consumption a year, depending on the types of risks and effects included. • Costs ...
Slide 1
... Decrease in cereal output in most tropical countries Increased water shortages Adverse economic impacts Risk of flooding in small and low lying islands Increase threats to human health increase inequities between poor and rich countries Risk of irreversible climate changes ...
... Decrease in cereal output in most tropical countries Increased water shortages Adverse economic impacts Risk of flooding in small and low lying islands Increase threats to human health increase inequities between poor and rich countries Risk of irreversible climate changes ...
PROGRAMME 4 : CLIMATE CHANGE Strategic Plan for 2011
... instruments and systems : 2 studies – 2nd National Communication and Transport Green House Gas GHG study) and 1 economic/regulatory instrument ...
... instruments and systems : 2 studies – 2nd National Communication and Transport Green House Gas GHG study) and 1 economic/regulatory instrument ...
The Economics of Climate Change. Chris Taylor
... •New markets will be created. Investment in low-carbon electricity sources could be worth over $500bn a year by 2050. Strong mitigation is fully consistent with the aspirations for growth and development in poor and rich countries. ...
... •New markets will be created. Investment in low-carbon electricity sources could be worth over $500bn a year by 2050. Strong mitigation is fully consistent with the aspirations for growth and development in poor and rich countries. ...
Prof. Wescott (Part I) ( )
... •Stern Review (Sir Nicholas Stern, U.K. modeling team with 23 analysts, 2006) ...
... •Stern Review (Sir Nicholas Stern, U.K. modeling team with 23 analysts, 2006) ...
HKIE Climate Change Corner Iss - The Hong Kong Institution of
... Mediterranean and the Black Sea, and also in NW Europe in the second half of the 21st century. More frequent drought events and increased number of months affected by drought are anticipated in these regions. However, significant impacts still occur except for the most stringent scenarios with stabi ...
... Mediterranean and the Black Sea, and also in NW Europe in the second half of the 21st century. More frequent drought events and increased number of months affected by drought are anticipated in these regions. However, significant impacts still occur except for the most stringent scenarios with stabi ...
Costs and Benefits of Reducing Greenhouse Gas Emissions
... levels 95% confidence interval = 2.5°C – 5.4°C ...
... levels 95% confidence interval = 2.5°C – 5.4°C ...
Utility as the informational basis of climate change strategies, and
... Utility as the informational basis of climate change strategies, and some alternatives Simon Dietz, LSE ...
... Utility as the informational basis of climate change strategies, and some alternatives Simon Dietz, LSE ...
Discounting and the Environment
... • As mentioned earlier, economists often use a higher discount rate for outcomes that are uncertain • Is this appropriate? • Should we give more weight to the “worst case scenario?” ...
... • As mentioned earlier, economists often use a higher discount rate for outcomes that are uncertain • Is this appropriate? • Should we give more weight to the “worst case scenario?” ...
Impacts of climate change - Climate Change Authority
... Climate change is projected to exacerbate Australia’s extreme weather. Impacts will differ across Australia, some of these with 4 degrees of warming include: Adelaide: The number of days above 35 degrees is projected to increase from 17 to 47 by 2070 South-west WA: Average annual rainfall is pro ...
... Climate change is projected to exacerbate Australia’s extreme weather. Impacts will differ across Australia, some of these with 4 degrees of warming include: Adelaide: The number of days above 35 degrees is projected to increase from 17 to 47 by 2070 South-west WA: Average annual rainfall is pro ...
Terms of Reference - Department of Environment, Land, Water and
... reviewing climate change legislation, policies and programs. The independent review of the Climate Change Act 2010 (‘Act’) is one of the first steps in this process. Legislation can provide a strong framework for climate change action. It is important that the Act is robust and effective, and contai ...
... reviewing climate change legislation, policies and programs. The independent review of the Climate Change Act 2010 (‘Act’) is one of the first steps in this process. Legislation can provide a strong framework for climate change action. It is important that the Act is robust and effective, and contai ...
Terms of Reference - Department of Environment, Land, Water and
... reviewing climate change legislation, policies and programs. The independent review of the Climate Change Act 2010 (‘Act’) is one of the first steps in this process. Legislation can provide a strong framework for climate change action. It is important that the Act is robust and effective, and contai ...
... reviewing climate change legislation, policies and programs. The independent review of the Climate Change Act 2010 (‘Act’) is one of the first steps in this process. Legislation can provide a strong framework for climate change action. It is important that the Act is robust and effective, and contai ...
Abstract
... We investigated a classical model of the optimal use of exhaustible resource with the availability of backstop technology. The new ingredient added to our model here is endogenous time preference that is determined by the history of resource consumption. The dependence of time preference on consumpt ...
... We investigated a classical model of the optimal use of exhaustible resource with the availability of backstop technology. The new ingredient added to our model here is endogenous time preference that is determined by the history of resource consumption. The dependence of time preference on consumpt ...
Review and
... f) to review the existing guidance, support, advice, tools (INSERT) and partnerships related to the delivery of HECA and consider possible future requirements and who might be best placed to fulfil these roles. ...
... f) to review the existing guidance, support, advice, tools (INSERT) and partnerships related to the delivery of HECA and consider possible future requirements and who might be best placed to fulfil these roles. ...
Understanding The Economics of Global Climate Change
... – Some GHG’s (e.g. CO2, methane) are integral to the earth’s carbon cycle; others (e.g. CFC) are human products ...
... – Some GHG’s (e.g. CO2, methane) are integral to the earth’s carbon cycle; others (e.g. CFC) are human products ...
P58.14 How to achieve global scale climate change
... Design approach for the world economy. In essence, the above offers an opportunity to make business profits in the climate change mitigation process within the short term so that there be no reason to further delay a responsibility that is of all nations as well as all citizens. To start with this n ...
... Design approach for the world economy. In essence, the above offers an opportunity to make business profits in the climate change mitigation process within the short term so that there be no reason to further delay a responsibility that is of all nations as well as all citizens. To start with this n ...
Sara Goldstein
... The Triple Bottom Line Perspective for Climate Resilience in Transportation Infrastructure Planning By Sara Goldstein, Amy Schweikert and Dr. Paul Chinowsky Institute of Climate and Civil Systems ...
... The Triple Bottom Line Perspective for Climate Resilience in Transportation Infrastructure Planning By Sara Goldstein, Amy Schweikert and Dr. Paul Chinowsky Institute of Climate and Civil Systems ...
Climate Change As
... stabilise temperature at 2 degrees is going to be a huge challenge - we need to peak soon and STRONG decline thereafter ...
... stabilise temperature at 2 degrees is going to be a huge challenge - we need to peak soon and STRONG decline thereafter ...