IDEAS home Printed from https://ideas.repec.org/a/spr/climat/v45y2000i1p103-128.html
   My bibliography  Save this article

Adaptation and the Guardrail Approach to Tolerable Climate Change

Author

Listed:
  • Gary Yohe
  • Ferenc Toth

Abstract

Windows delineating tolerable or "acceptable" conditions associated with climate change can be defined in terms of a variety of parameters; a preliminary window offered by the Scientific Advisory Council on Global Change of the Federal Government of Germany sets limits on temperature change and the rate of temperature change. Investment in adaptation can alter the size and shape of these windows, and different emissions trajectories are associated with different limiting points on their boundaries. As a result, the value of adaptation depends upon both the underlying structure of the tolerable window and the basecase emissions trajectory. Given uncertainty about both, the best near-term policy should be cast in a sequential decision-making framework. Seen in this light, improved adaptive potential can either reduce the cost of sustaining tolerable climate change or increase the opportunity cost of holding to more restrictive boundaries. Copyright Kluwer Academic Publishers 2000

Suggested Citation

  • Gary Yohe & Ferenc Toth, 2000. "Adaptation and the Guardrail Approach to Tolerable Climate Change," Climatic Change, Springer, vol. 45(1), pages 103-128, April.
    • Handle: RePEc:spr:climat:v:45:y:2000:i:1:p:103-128
    DOI: 10.1023/A:1005693001585
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1023/A:1005693001585
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1023/A:1005693001585?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. John Reilly & David Schimmelpfennig, 2000. "Irreversibility, Uncertainty, and Learning: Portraits of Adaptation to Long-Term Climate Change," Climatic Change, Springer, vol. 45(1), pages 253-278, April.
    2. Manne, Alan & Mendelsohn, Robert & Richels, Richard, 1995. "MERGE : A model for evaluating regional and global effects of GHG reduction policies," Energy Policy, Elsevier, vol. 23(1), pages 17-34, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yujin Jeong & Hyejin Jang & Byungun Yoon, 2021. "Developing a risk-adaptive technology roadmap using a Bayesian network and topic modeling under deep uncertainty," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(5), pages 3697-3722, May.
    2. Sally Kane & Jason Shogren, 2000. "Linking Adaptation and Mitigation in Climate Change Policy," Climatic Change, Springer, vol. 45(1), pages 75-102, April.
    3. Roger Jones & Paul Dettmann & Geoff Park & Maureen Rogers & Terry White, 2007. "The relationship between adaptation and mitigation in managing climate change risks: a regional response from North Central Victoria, Australia," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 12(5), pages 685-712, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Khanna, Neha & Chapman, Duane, 1997. "Climate Policy and Petroleum Depletion in an Optimal Growth Framework," Staff Papers 121172, Cornell University, Department of Applied Economics and Management.
    2. Li, Y.P. & Huang, G.H. & Chen, X., 2011. "An interval-valued minimax-regret analysis approach for the identification of optimal greenhouse-gas abatement strategies under uncertainty," Energy Policy, Elsevier, vol. 39(7), pages 4313-4324, July.
    3. Carolyn Fischer & Richard D. Morgenstern, 2006. "Carbon Abatement Costs: Why the Wide Range of Estimates?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 73-86.
    4. Frankel, Jeffrey A. & Bosetti, Valentina, 2011. "Politically Feasible Emission Target Formulas to Attain 460 ppm CO[subscript 2] Concentrations," Working Paper Series rwp11-016, Harvard University, John F. Kennedy School of Government.
    5. Hongbo Duan & Gupeng Zhang & Shouyang Wang & Ying Fan, 2018. "Balancing China’s climate damage risk against emission control costs," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 23(3), pages 387-403, March.
    6. Roberto Roson & Francesco Bosello, 2007. "Estimating a Climate Change Damage Function through General Equilibrium Modeling," Working Papers 2007_08, Department of Economics, University of Venice "Ca' Foscari".
    7. Farrokhifar, Meisam & Nie, Yinghui & Pozo, David, 2020. "Energy systems planning: A survey on models for integrated power and natural gas networks coordination," Applied Energy, Elsevier, vol. 262(C).
    8. Roberto Roson & Martina Sartori, 2016. "Estimation of Climate Change Damage Functions for 140 Regions in the GTAP 9 Database," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 1(2), pages 78-115, December.
    9. Hart, Rob & Spiro, Daniel, 2011. "The elephant in Hotelling's room," Energy Policy, Elsevier, vol. 39(12), pages 7834-7838.
    10. Pan, Xunzhang & Teng, Fei & Wang, Gehua, 2014. "A comparison of carbon allocation schemes: On the equity-efficiency tradeoff," Energy, Elsevier, vol. 74(C), pages 222-229.
    11. Uzma Hanif & Shabib Haider Syed & Rafique Ahmad & Kauser Abdullah Malik, 2010. "Economic Impact of Climate Change on the Agricultural Sector of Punjab," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 49(4), pages 771-798.
    12. Kelly C. de Bruin & Rob B. Dellink & Richard S.J. Tol, 2007. "AD-DICE: An Implementation of Adaptation in the DICE Mode," Working Papers 2007.51, Fondazione Eni Enrico Mattei.
    13. Zhu, Yongbin & Shi, Yajuan & Wang, Zheng, 2014. "How much CO2 emissions will be reduced through industrial structure change if China focuses on domestic rather than international welfare?," Energy, Elsevier, vol. 72(C), pages 168-179.
    14. Bosello, Francesco & Carraro, Carlo & De Cian, Enrica, 2013. "Adaptation can help mitigation: an integrated approach to post-2012 climate policy," Environment and Development Economics, Cambridge University Press, vol. 18(3), pages 270-290, June.
    15. Elin Berg & Snorre Kverndokk & Knut Einar Rosendahl, 1999. "Optimal Oil Exploration under Climate Treaties," Discussion Papers 245, Statistics Norway, Research Department.
    16. Valentina Bosetti & Jeffrey Frankel, 2012. "Politically Feasible Emissions Targets to Attain 460 ppm CO 2 Concentrations," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 6(1), pages 86-109.
    17. Zhu, Xueqin & van Ierland, Ekko, 2006. "The enlargement of the European Union: Effects on trade and emissions of greenhouse gases," Ecological Economics, Elsevier, vol. 57(1), pages 1-14, April.
    18. Erica Perego & Lionel Fontagné & Gianluca Santoni, 2022. "MaGE 3.1: Long-term macroeconomic projections of the World economy," International Economics, CEPII research center, issue 172, pages 168-189.
    19. Alexander Golub & Oleg Lugovoy & Anil Markandya & Ramon Arigoni Ortiz & James Wang, 2013. "Regional IAM: analysis of risk-adjusted costs and benefits of climate policies," Working Papers 2013-06, BC3.
    20. Carraro, Carlo & Aldy, Joseph & Pizer, William A. & Akimoto, Keigo & Tavoni, Massimo & Aleluia Reis, Lara, 2018. "Learning from Nationally Determined Contributions," CEPR Discussion Papers 12757, C.E.P.R. Discussion Papers.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:climat:v:45:y:2000:i:1:p:103-128. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.