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Decisions for climate policy will need to take place in advance of climate science resolving all relevant uncertainties. Further, if the concern of policy is to reduce risk, then the best-estimate of climate change impacts may not be so important as the currently understood uncertainty...
Persistent link: https://www.econbiz.de/10009436187
Policy makers will most likely need to make decisions about climate policy before climate scientists have resolved all relevant uncertainties about the impacts of climate change. This study demonstrates a risk-assessment methodology for evaluating uncertain future climatic conditions. We...
Persistent link: https://www.econbiz.de/10009437331
The State Utility Forecasting Group (SUFG) at Purdue University utilizes econometric and end-use models to develop forecasts of electricity prices and demand on a timely basis for the Indiana Utility Regulatory Commission, in compliance with Indiana Code 8-1-8.5. As part of this procedure, SUFG...
Persistent link: https://www.econbiz.de/10009430478