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Limitations and biases of conventional analysis of climate change. Towards an analysis coherent with sustainable development

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Author Info
Emilio Padilla () (Departament d'Economia Aplicada, Universitat Autonoma de Barcelona)

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Abstract

This paper shows the numerous problems of conventional economic analysis in the evaluation of climate change mitigation policies. The article points out the many limitations, omissions, and the arbitrariness that have characterized most evaluation models applied up until now. These shortcomings, in an almost overwhelming way, have biased the result towards the recommendation of a lower aggressiveness of emission mitigation policies. Consequently, this paper questions whether these results provide an appropriate answer to the problem. Finally, various points that an analysis coherent with sustainable development should take into account are presented.

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Publisher Info
Paper provided by Department of Applied Economics at Universitat Autonoma of Barcelona in its series Working Papers with number wp0206.

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Length: 25 pages
Date of creation: Feb 2002
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Handle: RePEc:uab:wprdea:wp0206

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Related research
Keywords: climate change; conventional analysis limitations; emissions control; evaluation of policies; sustainable development;

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  1. Cline, William R, 1996. "The Impact of Global Warming on Agriculture: Comment," American Economic Review, American Economic Association, vol. 86(5), pages 1309-11, December. [Downloadable!] (restricted)
  2. Padilla, Emilio, 2002. "Intergenerational equity and sustainability," Ecological Economics, Elsevier, vol. 41(1), pages 69-83, April. [Downloadable!] (restricted)
  3. Roca, Jordi & Padilla, Emilio & Farre, Mariona & Galletto, Vittorio, 2001. "Economic growth and atmospheric pollution in Spain: discussing the environmental Kuznets curve hypothesis," Ecological Economics, Elsevier, vol. 39(1), pages 85-99, October. [Downloadable!] (restricted)
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  16. Grubb, M. & Kohler, J., 2000. "Induced Technical Change: Evidence and Implications for Energy-Environmental Modelling and Policy," Cambridge Working Papers in Economics 0031, Faculty of Economics, University of Cambridge. [Downloadable!]
  17. Schultz, Peter A & Kasting, James F, 1997. "Optimal reductions in CO2 emissions," Energy Policy, Elsevier, vol. 25(5), pages 491-500, April. [Downloadable!] (restricted)
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