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Estimates of the marginal damage costs of carbon dioxide emissions require the aggregation of monetised impacts of climate change over people with different incomes and in different jurisdictions. Implicitly or explicitly, such estimates assume a social welfare function and hence a particular...
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There is an unknown but probably small probability that the West-Antarctic Ice Sheet (WAIS) will collapse because of anthropogenic climate change. A WAIS collapse could cause a 5--6 metre global sea level rise within centuries. In three case studies, we investigate the response of society to the...
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Owing to globalization, the potential impacts of climate change/sea-level rise in one country/region are likely to affect and be felt elsewhere. Such indirect impacts could be significant but have received a limited analysis. This deficiency is addressed here using the indirect impacts on...
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This article examines the issue of whether low-carbon growth might be in the self-interest of Brazil, India, and China. These countries are the largest member countries of the G20 emerging markets (GEMs), and are also members of the BRIC and BASIC grouping of countries. Individually, they are...
Persistent link: https://www.econbiz.de/10010770340
The authors use FUND 3.9 to estimate the social cost of four greenhouse gases-carbon dioxide, methane, nitrous oxide, and sulphur hexafluoride-with sensitivity tests for carbon dioxide fertilization, terrestrial feedbacks, climate sensitivity, discounting, equity weighting, and socioeconomic and...
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