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Rolling the 'Dice': An Optimal Transition Path for Controlling Greenhouse Gases

The possibility of greenhouse warming has received growing attention in recent years. Many scientific bodies are calling for severe curbs on the emissions of greenhouse gases. To date, the calls to arms and treaty negotiations have progressed more or less independently of economic studies of the costs and benefits of measures to slow greenhouse warming. The plan of the present study is to develop a dynamic, global model of both the impacts of and policies to slow global warming. It is an integral model that incorporates both the dynamics of emissions and impacts and the economic costs of policies to curb emissions.

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File URL: http://cowles.econ.yale.edu/P/cd/d10a/d1019.pdf
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Paper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 1019.

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Length: 33 pages
Date of creation: Jun 1992
Date of revision:
Publication status: Published in Resource and Energy Economics (1993), 15: 27-50
Handle: RePEc:cwl:cwldpp:1019
Note: CFP 836.
Contact details of provider: Postal: Yale University, Box 208281, New Haven, CT 06520-8281 USA
Phone: (203) 432-3702
Fax: (203) 432-6167
Web page: http://cowles.econ.yale.edu/

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Order Information: Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA

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  1. Alan S. Manne & Richard G. Richels, 1990. "CO2 Emission Limits: An Economic Cost Analysis for the USA," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 51-74.
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