Rolling the 'Dice': An Optimal Transition Path for Controlling Greenhouse Gases

William Nordhaus

No 1019, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University

Abstract: The possibility of greenhouse warming has received growing attention in recent years. Many scientific bodies are calling for severe curbs on the emissions of greenhouse gases. To date, the calls to arms and treaty negotiations have progressed more or less independently of economic studies of the costs and benefits of measures to slow greenhouse warming. The plan of the present study is to develop a dynamic, global model of both the impacts of and policies to slow global warming. It is an integral model that incorporates both the dynamics of emissions and impacts and the economic costs of policies to curb emissions.

Keywords: Global warming; environmental regulation; cost-benefit (search for similar items in EconPapers)
JEL-codes: Q25 Q28 (search for similar items in EconPapers)
Pages: 33 pages
Date: 1992-06
Note: CFP 836.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (284)

Published in Resource and Energy Economics (1993), 15: 27-50

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