taking political action, one might hope that particularly unusual climate events might provide an impetus to increased action …, we analyze features promoting support for policies addressing climate change. Several of the parameter estimates that …

optimal carbon tax in a stochastic dynamic programming implementation of an integrated assessment model of climate change. We … derive a general analytic formula for the "risk premium" governing the resulting climate policy. The formula generalizes …

issues: climate change and biodiversity. Involvement of governments and a reference framework provided by intergovernmental …

In this paper we test empirically with the Nordhaus and Yang (1996) RICE model the core property of the transfer scheme … discuss some practical implications of the transfer scheme for current climate negotiations. …

There is limited public discourse and understanding about the history and science of weather and climate intervention …, climate-related geoengineering is steadily gaining support as a means of combatting rising global temperatures. With climate … climate intervention with the aim of answering the question: Why aren't more economists interested in evaluating weather and …

We show that several of the most important economic models of climate change produce climate dynamics inconsistent with … the current crop of models in climate science. First, most economic models exhibit far too long a delay between an impulse … represented, different climate models result in significantly different optimal CO2 emissions. A long delay between emissions and …

the world imposes a climate policy and the rest of the world does not. A climate policy in one region shifts activities …We derive the optimal unilateral policy in a general equilibrium model of trade and climate change where one region of … expand the reach of the climate policy. We calibrate and simulate the model to illustrate how the optimal policy compares to …

We propose a theory of climate-policy motivated foreign intervention to study different forms of international climate …'s domestic climate policy: i.) Agreements with Extraction; ii.) Agreements with Transfers; and iii.) Agreements with Sanctions …. We distill the fundamental properties of different climate policy options into a simple parameterization and examine the …

Economic models of climate policy (or policies to combat other environmental problems) typically neglect psychological … environment. The present paper addresses these issues in a simple model of tax policy to combat climate change and elaborates on … the consequences for optimal climate policies and argues from a normative point of view that psychological adaptation …