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来源类型Working Paper
规范类型报告
DOI10.3386/w21589
来源IDWorking Paper 21589
Climate Tipping Points and Solar Geoengineering
Garth Heutel; Juan Moreno Cruz; Soheil Shayegh
发表日期2015-09-28
出版年2015
语种英语
摘要We study optimal climate policy when climate tipping points and solar geoengineering are present. Solar geoengineering reduces temperatures without reducing greenhouse gas emissions. Climate tipping points are irreversible and uncertain events that cause large damages. We analyze three different rules related to the availability of solar geoengineering: a ban, using solar geoengineering as insurance against the risk of tipping points, or using solar geoengineering only as remediation in the aftermath of a tipping point. We model three distinct types of tipping points: two that alter the climate system and one that yields a direct economic cost. Using an analytic model, we find that an optimal policy, which minimizes expected losses from the tipping point, includes both emissions reductions and solar geoengineering from the onset. Using a numerical simulation model, we quantify optimal policy and various outcomes under the alternative scenarios. The presence of tipping points leads to more mitigation and more solar geoengineering use and lower temperatures.
主题Microeconomics ; Mathematical Tools ; Public Economics ; Taxation ; Environmental and Resource Economics ; Environment
URLhttps://www.nber.org/papers/w21589
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579264
推荐引用方式
GB/T 7714
Garth Heutel,Juan Moreno Cruz,Soheil Shayegh. Climate Tipping Points and Solar Geoengineering. 2015.
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