Publication: The impact of possible climate catastrophes on global warming policy
The impact of possible climate catastrophes on global warming policy
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Baranzini, A., Chesney, M., & Morisset, J. (2003). The impact of possible climate catastrophes on global warming policy. Energy Policy, 31(8), 691–701. https://doi.org/10.1016/S0301-4215(02)00101-5
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Recent studies on global warming have introduced the inherent uncertainties associated with the costs and benefits of climate policies and have often shown that abatement policies are likely to be less aggressive or postponed in comparison to those resulting from traditional cost–benefit analyses (CBA). Yet, those studies have failed to include the possibility of sudden climate catastrophes. The aim of this paper is to account simultaneously for possible continuous and discrete damages resulting from global warming, and to analyse the
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Citations
Baranzini, A., Chesney, M., & Morisset, J. (2003). The impact of possible climate catastrophes on global warming policy. Energy Policy, 31(8), 691–701. https://doi.org/10.1016/S0301-4215(02)00101-5