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Strong sustanbility demands that decisions on climate mitigation be guided by a climate target and that compliance with the target be the primary concern prior to saving mitigation cost. Climate targets have often been formulated as temperature targets and for the case of uncertainty about...
Persistent link: https://www.econbiz.de/10013253913
This article investigates the trade-off between increasing welfare losses and increasing peak-warming if a temperature target is reformulated as a subsidiary concentration or cumulative emissions target. We apply a welfare maximizing integrated assessment model for a deterministic...
Persistent link: https://www.econbiz.de/10013253916
Persistent link: https://www.econbiz.de/10012249557