Uncertainty and Climate Change Policy
AbstractThe paper consists of a summary of the main sources of uncertainty about climate change, and a discussion of the major implications for economic analysis and the formulation of climate policy. Uncertainty typically implies that the optimal policy is more risk-averse than otherwise, and therefore enhances the case for action to mitigate climate change.
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Bibliographic InfoArticle provided by Queensland University of Technology (QUT), School of Economics and Finance in its journal Economic Analysis and Policy (EAP).
Volume (Year): 38 (2008)
Issue (Month): 2 (September)
global warming; human-caused global warming; climate change; economics of climate change; uncertainty;
Other versions of this item:
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
- Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- Z12 - Other Special Topics - - Cultural Economics - - - Religion
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- John Quiggin, 2005. "The precautionary principle in environmental policy and the theory of choice under uncertainty," Murray-Darling Program Working Papers WPM05_3, Risk and Sustainable Management Group, University of Queensland.
- Lenos Trigeorgis, 1993. "Real Options and Interactions With Financial Flexibility," Financial Management, Financial Management Association, vol. 22(3), Fall.
- David Adamson & Thilak Mallawaarachchi & John Quiggin, 2007.
"Climate change and climate uncertainty in the Murray-Darling Basin,"
Murray-Darling Program Working Papers
WP2M07, Risk and Sustainable Management Group, University of Queensland.
- Adamson, David & Mallawaarachchi, Thilak & Quiggin, John C., 2007. "Climate change and climate uncertainty in the Murray-Darling Basin," 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand 10361, Australian Agricultural and Resource Economics Society.
- John Quiggin, 2007. "Counting the cost of climate change at an agricultural level," Climate Change Working Papers WPC07_5, Risk and Sustainable Management Group, University of Queensland.
- Pedro Conceição & Yanchun Zhang, 2010. "Discounting in the context of climate change economics: the policy implications of uncertainty and global asymmetries," Environmental Economics and Policy Studies, Society for Environmental Economics and Policy Studies - SEEPS, vol. 12(1), pages 31-57, June.
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