Journal article

Uncertainty and climate change policy

2 Dec 2008
Description

This paper consists of a summary of the main sources of uncertainty about climate change, and a discussion of the major implications for economic analysis and the formulation of climate policy. Uncertainty typically implies that the optimal policy is more risk-averse than otherwise, and therefore enhances the case for action to mitigate climate change.

Publication Details
Published year only: 
2008
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