Uncertainty and climate change policy
John Quiggin ()
No 152092, Risk and Sustainable Management Group Working Papers from University of Queensland, School of Economics
The 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.
Keywords: Environmental Economics and Policy; Resource /Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
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Journal Article: Uncertainty and Climate Change Policy (2008)
Working Paper: Uncertainty and climate change policy (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uqsers:152092
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