Comparing the Effects of Greenhouse Gas Emissions on Global Warming*

Richard S. Eckaus

The Energy Journal, 1992, vol. 13, issue 1, 25-35

Abstract: This paper analyses the usefulness as a policy tool of a physical index of radiative forcing of a greenhouse gas, the Global Wanning Potential (GWP), as proposed by the Intergovernmental Panel on Climate Change. It is shown that the economic opportunity costs of an increment in radiative forcing will vary over time, while the GWP implicitly sets these costs equal. The GWP can, therefore, play no role in policy making.

Keywords: Greenhouse gases; Climate change; Energy Policy; Global warming potential (GWP) (search for similar items in EconPapers)
Date: 1992
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.5547/ISSN0195-6574-EJ-Vol13-No1-2 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:enejou:v:13:y:1992:i:1:p:25-35

DOI: 10.5547/ISSN0195-6574-EJ-Vol13-No1-2

Access Statistics for this article

More articles in The Energy Journal
Bibliographic data for series maintained by SAGE Publications ().