Implications of a Lowered Damage Trajectory for Mitigation in a Continuous-Time Stochastic Model

Implications of a Lowered Damage Trajectory for Mitigation in a Continuous-Time Stochastic Model

This paper provides counterexamples to the idea that mitigation of greenhouse gases causing climate change, and adaptation to climate change, are always and everywhere substitutes. The author considers optimal policy for mitigating greenhouse gas e...

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Bibliographic Details
Main Author: Strand, Jon
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ADAPTATION
ADAPTATION AFFECTS
ADAPTATION COST
ADAPTATION COSTS
ADAPTATION DECISIONS
ADAPTATION MEASURE
ADAPTATION POLICY
ADAPTATION RESPONSE
ADAPTATION TO CLIMATE
ADAPTATION TO CLIMATE CHANGE
ADAPTIVE POLICY
ADAPTIVE RESPONSE
ANTICIPATORY ADAPTATION
ATMOSPHERE
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE DAMAGES
CLIMATE DAMAGE
CLIMATE DAMAGES
CLIMATE IMPACT
CLIMATE IMPACTS
CLIMATE PROOFING
COAL
COSTS OF ADAPTATION
DISCOUNT RATE
ECOLOGICAL ECONOMICS
ECONOMIC ACTIVITY
ECONOMIC MODELS
EMISSIONS
ENERGY ECONOMICS
ENVIRONMENTAL ECONOMICS
ENVIRONMENTAL POLICY
ENVIRONMENTAL SCIENCE
FUTURE CLIMATE CHANGE
GHG
GHGS
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GASES
INFRASTRUCTURE INVESTMENT
IPCC
MARGINAL COST
MITIGATION
MITIGATION COST
MITIGATION EFFORTS
MITIGATION POLICY
NEGATIVE IMPACT
POLICY DISCUSSIONS
POLICY IMPLICATIONS
POLICY INTERVENTION
POLICY INTERVENTIONS
POLICY RESEARCH
POWER PLANTS
PP
RENEWABLE ENERGY
RESOURCE ECONOMICS
RISK AVERSION
STOCHASTIC PROCESS
SUSTAINABLE DEVELOPMENT
TEMPERATURES
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110701002720
http://hdl.handle.net/10986/3489

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