| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Integrated Assessments of Climate Change Policy: Intergenerational Equity and Discounting | |
| F. L. Toth | |
| 发表日期 | 1999 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | One of the key decisions that economists working on integrated studies of climate change face is the selection of the method of accounting for damages resulting from possible climate change across a long temporal scale and the method for the intertemporal comparison of the costs associated with possible greenhouse gas abatement strategies. Sensitivity tests show that the method applied and the resulting discount rate has a major impact on the optimal climate strategy. The paper provides a short review of the various techniques that have been proposed and applied in various integrated models of climate change. The underlying problem is the following dilemma. One can attempt to be consistent with the economic theory and empirical observations, but in this case the derived discount rate will be on the order of 5 to 8%. As a result, even possibly significant damages from climate change turn out to be negligible when considered at their present value. The artificially low discount rate based on ethical reasoning, on the other hand, makes our climate-related decisions and resource allocations inconsistent with the majority of other public policy decisions. |
| 特色分类 | C61D61E13Q25 |
| 关键词 | Integrated assessments,Climate change,Intergenerational equity,Discounting |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/integrated-assessments-of-climate-change-policy-intergenerational-equity-and-discounting/ |
| 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/116444 |
| 推荐引用方式 GB/T 7714 | F. L. Toth. Integrated Assessments of Climate Change Policy: Intergenerational Equity and Discounting. 1999. |
| 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 | ||
| NDL1999-052.pdf（141KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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