| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Optimal Climate Policy Under the Possibility of a Catastrophe | |
| Snorre Kverndokk; Jon Gjerde; Sverre Grepperud | |
| 发表日期 | 1998 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | This paper concerns optimal emissions of greenhouse gases when catastrophic consequences are possible. A numerical model is presented which takes into account both continuous climate-feedback damages as well as the possibility of a catastrophic outcome. The uncertainty in the model concerns whether or not a future catastrophe will occur. However, the welfare losses imposed by such an outcome are assumed known to the decision-maker. An important result is that the possibility of a climate catastrophe is a major argument for greenhouse gas abatement even in absence of continuous damage. Special attention is given to analyses on the probability of a catastrophe and the pure rate of time preferences, and the implicit values of these parameters are calculated if the Rio stabilisation target is assumed to be optimal. Finally, the expected value of perfect information about the probability of the arrival of a catastrophe is estimated. |
| 特色分类 | D6,Q2 |
| 关键词 | Climate catastrophes,CO2 emissions,Optimal policy |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/optimal-climate-policy-under-the-possibility-of-a-catastrophe/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116306 |
| 推荐引用方式 GB/T 7714 | Snorre Kverndokk,Jon Gjerde,Sverre Grepperud. Optimal Climate Policy Under the Possibility of a Catastrophe. 1998. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL1998-011.pdf（206KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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