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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26991 |
来源ID | Working Paper 26991 |
Three Prongs for Prudent Climate Policy | |
Joseph E. Aldy; Richard J. Zeckhauser | |
发表日期 | 2020-04-20 |
出版年 | 2020 |
语种 | 英语 |
摘要 | For three decades, advocates for climate change policy have simultaneously emphasized the urgency of taking ambitious actions to mitigate greenhouse gas (GHG) emissions and provided false reassurances of the feasibility of doing so. The policy prescription has relied almost exclusively on a single approach: reduce emissions of carbon dioxide (CO2) and other GHGs. Since 1990, global CO2 emissions have increased 60 percent, atmospheric CO2 concentrations have raced past 400 parts per million, and temperatures increased at an accelerating rate. The one-prong strategy has not worked. After reviewing emission mitigation’s poor performance and low-probability of delivering on long-term climate goals, we evaluate a three-pronged strategy for mitigating climate change risks: adding adaptation and amelioration – through solar radiation management (SRM) – to the emission mitigation approach. We identify SRM’s potential, at dramatically lower cost than emission mitigation, to play a key role in offsetting warming. We address the moral hazard reservation held by environmental advocates – that SRM would diminish emission mitigation incentives – and posit that SRM deployment might even serve as an “awful action alert” that galvanizes more ambitious emission mitigation. We conclude by assessing the value of an iterative act-learn-act policy framework that engages all three prongs for limiting climate change damages. |
主题 | International Economics ; Globalization and International Relations ; Environmental and Resource Economics ; Environment |
URL | https://www.nber.org/papers/w26991 |
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/584664 |
推荐引用方式 GB/T 7714 | Joseph E. Aldy,Richard J. Zeckhauser. Three Prongs for Prudent Climate Policy. 2020. |
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 | ||
w26991.pdf(350KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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