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Climate change policy: quantifying uncertainties for damages and optimal carbon taxes

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  • Roughgarden, Tim
  • Schneider, Stephen H.
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    File URL: http://www.sciencedirect.com/science/article/B6V2W-3XRG7DP-4/2/248d1f32e19061b2f99d4446c402d24b
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    Bibliographic Info

    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 27 (1999)
    Issue (Month): 7 (July)
    Pages: 415-429

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    Handle: RePEc:eee:enepol:v:27:y:1999:i:7:p:415-429

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    Web page: http://www.elsevier.com/locate/enpol

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    References

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    1. Azar, Christian & Sterner, Thomas, 1996. "Discounting and distributional considerations in the context of global warming," Ecological Economics, Elsevier, vol. 19(2), pages 169-184, November.
    2. William D. Nordhaus, 1992. "Rolling the 'Dice': An Optimal Transition Path for Controlling Greenhouse Gases," Cowles Foundation Discussion Papers 1019, Cowles Foundation for Research in Economics, Yale University.
    3. Duane Chapman & Vivek Suri & Steven G. Hall, 1995. "Rolling Dice For The Future Of The Planet," Contemporary Economic Policy, Western Economic Association International, vol. 13(3), pages 1-9, 07.
    4. Goulder, Lawrence H. & Schneider, Stephen H., 1999. "Induced technological change and the attractiveness of CO2 abatement policies," Resource and Energy Economics, Elsevier, vol. 21(3-4), pages 211-253, August.
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    Cited by:
    1. Shiyi Chen & Wolfgang Karl Härdle, 2012. "Dynamic Activity Analysis Model Based Win-Win Development Forecasting Under the Environmental Regulation in China," SFB 649 Discussion Papers SFB649DP2012-002, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    2. Vasiliki Manousi & Anastasios Xepapadeas, . "Mitigation and Solar Radiation Management in Climate Change Policies," DEOS Working Papers 1323, Athens University of Economics and Business.
    3. Chen, W.T. & Li, Y.P. & Huang, G.H. & Chen, X. & Li, Y.F., 2010. "A two-stage inexact-stochastic programming model for planning carbon dioxide emission trading under uncertainty," Applied Energy, Elsevier, vol. 87(3), pages 1033-1047, March.
    4. Robert S. Pindyck, 2006. "Uncertainty in Environmental Economics," Working Papers 0617, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
    5. Paavola, Jouni & Adger, W. Neil, 2006. "Fair adaptation to climate change," Ecological Economics, Elsevier, vol. 56(4), pages 594-609, April.
    6. Klaus Keller & Kelvin Tan & Francois M.M. Morel & David F. Bradford, 1999. "Preserving the Ocean Circulation: Implications for Climate Policy," CESifo Working Paper Series 199, CESifo Group Munich.
    7. Kavuncu, Y. Okan & Knabb, Shawn D., 2005. "Stabilizing greenhouse gas emissions: Assessing the intergenerational costs and benefits of the Kyoto Protocol," Energy Economics, Elsevier, vol. 27(3), pages 369-386, May.
    8. Newell, Richard G. & Pizer, William A., 2003. "Regulating stock externalities under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 45(2, Supple), pages 416-432, March.
    9. Michel, David, 2009. "Foxes, hedgehogs, and greenhouse governance: Knowledge, uncertainty, and international policy-making in a warming World," Applied Energy, Elsevier, vol. 86(2), pages 258-264, February.
    10. Ackerman, Frank & Stanton, Elizabeth A. & Bueno, Ramón, 2010. "Fat tails, exponents, extreme uncertainty: Simulating catastrophe in DICE," Ecological Economics, Elsevier, vol. 69(8), pages 1657-1665, June.
    11. Geoffrey Heal & Bengt Kriström, 2002. "Uncertainty and Climate Change," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 22(1), pages 3-39, June.
    12. Parry, Ian & Toman, Michael, 2000. "Early Emissions Reduction Programs: An Application to CO2 Policy," Discussion Papers dp-00-26, Resources For the Future.
    13. Gerst, Michael D. & Howarth, Richard B. & Borsuk, Mark E., 2010. "Accounting for the risk of extreme outcomes in an integrated assessment of climate change," Energy Policy, Elsevier, vol. 38(8), pages 4540-4548, August.
    14. Kavuncu, Yusuf Okan & Knabb, Shawn D., 2001. "An Intergenerational Cost-Benefit Analysis of Climate Change," University of California at Santa Barbara, Economics Working Paper Series qt72v881dd, Department of Economics, UC Santa Barbara.
    15. Simon Dietz, 2009. "High impact, low probability? An empirical analysis of risk in the economics of climate change," Grantham Research Institute on Climate Change and the Environment Working Papers 9, Grantham Research Institute on Climate Change and the Environment.
    16. Karp, Larry S. & Zhang, Jiangfeng, 2001. "Bayesian learning and the regulation of greenhouse gas emissions," CUDARE Working Paper Series 926, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy.
    17. Masako Ikefuji & Roger J. A. Laeven & Jan R. Magnus & Chris Muris, 2011. "Weitzman meets Nordhaus: Expected utility and catastrophic risk in a stochastic economy-climate model," ISER Discussion Paper 0825, Institute of Social and Economic Research, Osaka University.
    18. Geoffrey Heal, 2008. "Climate Economics: A Meta-Review and Some Suggestions," NBER Working Papers 13927, National Bureau of Economic Research, Inc.

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