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State-contingent pricing as a response to uncertainty in climate policy

In: Handbook on Energy and Climate Change

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  • Ross McKitrick

Abstract

This timely Handbook reviews many key issues in the economics of energy and climate change, raising new questions and offering solutions that might help to minimize the threat of energy-induced climate change.

Suggested Citation

  • Ross McKitrick, 2013. "State-contingent pricing as a response to uncertainty in climate policy," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 18, pages 415-433, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14429_18
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    References listed on IDEAS

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    1. Robert S. Pindyck, 2011. "Fat Tails, Thin Tails, and Climate Change Policy," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(2), pages 258-274, Summer.
    2. Geweke, John, 2001. "A note on some limitations of CRRA utility," Economics Letters, Elsevier, vol. 71(3), pages 341-345, June.
    3. Martin L. Weitzman, 2009. "On Modeling and Interpreting the Economics of Catastrophic Climate Change," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 1-19, February.
    4. Kelly, David L. & Kolstad, Charles D., 1999. "Bayesian learning, growth, and pollution," Journal of Economic Dynamics and Control, Elsevier, vol. 23(4), pages 491-518, February.
    5. Leach, Andrew J., 2007. "The climate change learning curve," Journal of Economic Dynamics and Control, Elsevier, vol. 31(5), pages 1728-1752, May.
    6. Edward A. Parson & Darshan Karwat, 2011. "Sequential climate change policy," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 2(5), pages 744-756, September.
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