Search Results - subject:"CLIMATE ECONOMICS"

Climate change : a paradigm shift for investments? : a review of evidence under climate economics research

Rathee, Sudeep - In: Journal of technology management for growing economies 5 (2014) 2, pp. 73-88

Persistent link: https://www.econbiz.de/10011452974

Epstein–Zin Utility in DICE: Is Risk Aversion Irrelevant to Climate Policy?

Ackerman, Frank; Stanton, Elizabeth; Bueno, Ramón - In: Environmental & Resource Economics 56 (2013) 1, pp. 73-84

actions. Climate economics, therefore, is centrally concerned with the treatment of risk and time. Yet conventional … considerable analytic complexity. We introduce an accessible implementation of Epstein–Zin utility into the DICE model of climate … economics, creating a hybrid “EZ-DICE” model. Using Epstein–Zin parameters from the finance literature and climate uncertainty …

Persistent link: https://www.econbiz.de/10010987468

Pushing the boundaries of climate economics: critical issues to consider in climate policy analysis

Scrieciu, S. Şerban; Barker, Terry; Ackerman, Frank - In: Ecological Economics 85 (2013) C, pp. 155-165

policy. We identify and discuss such critical issues, pushing at the boundaries of current climate economics research. New …

Persistent link: https://www.econbiz.de/10011043618

CRED: A new model of climate and development

Ackerman, Frank; Stanton, Elizabeth A.; Bueno, Ramón - In: Ecological Economics 85 (2013) C, pp. 166-176

This paper describes a new model, Climate and Regional Economics of Development (CRED), which is designed to analyze the economics of climate and development choices. Its principal innovations are the treatment of global equity, calculation of the optimum interregional flows of resources, and...

Persistent link: https://www.econbiz.de/10011043789

Epstein–Zin utility in DICE : is risk aversion irrelevant to climate policy?

Ackerman, Frank; Stanton, Elizabeth A.; Bueno, Ramón - In: Environmental & resource economics : the official … 56 (2013) 1, pp. 73-84

Persistent link: https://www.econbiz.de/10009790664

Climate risks and carbon prices: Revising the social cost of carbon

Ackerman, Frank; Stanton, Elizabeth A. - In: Economics - The Open-Access, Open-Assessment E-Journal 6 (2012), pp. 1-25

The social cost of carbon - or marginal damage caused by an additional ton of carbon dioxide emissions - has been estimated by a U.S. government working group at $21/tCO2 in 2010. That calculation, however, omits many of the biggest risks associated with climate change, and downplays the impact...

Persistent link: https://www.econbiz.de/10010954798

Equitable cost-benefit analysis of climate change

Tol, Richard S. J. - 1999

The literature of welfare-maximising greenhouse gas emission reduction strategies pays remarkably little attention to equity. This paper introduces three ways to consider efficiency and equity simultaneously. The first method, inspired by Kant and Rawls, maximises net present welfare, without...

Persistent link: https://www.econbiz.de/10011608505

Equity, international trade and climate policy

Kemfert, Claudia; Tol, Richard - In: International Environmental Agreements: Politics, Law … 2 (2002) 1, pp. 23-48

Persistent link: https://www.econbiz.de/10004965617

Equity, International Trade and Climate Policy

Kemfert, Claudia; Tol, Richard S.J. - Forschungsstelle Nachhaltige Umweltentwicklung (ZMK), … - 2001

The literature of welfare-maximising greenhouse gas emission reduction strategies pays remarkably little attention to equity. This paper introduces various ways to consider efficiency and equity simultaneously. Lower (higher) discount rates lead to higher (lower) emission reduction. Higher...

Persistent link: https://www.econbiz.de/10005634602