“Mitigation, Adaptation, Suffering”: In Search of the Right Mix in the Face of Climate Change
Henry Tulkens () and
Vincent van Steenberghe
No 2009.79, Working Papers from Fondazione Eni Enrico Mattei
The usually assumed two categories of costs involved in climate change policy analysis, namely abatement and damage costs, hide the presence of a third category, namely adaptation costs. This dodges the determination of an appropriate level for them. Including adaptation costs explicitly in the total environmental cost function allows one to characterize the optimal (cost minimizing) balance between the three categories, in statics as well as in dynamics. Implications are derived for cost benefit analysis of adaptation expenditures.
Keywords: Climate Change; Mitigation; Adaptation; Suffering (search for similar items in EconPapers)
JEL-codes: Q5 H0 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ene and nep-env
References: Add references at CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
Working Paper: “Mitigation, Adaptation, Suffering”: In Search of the Right Mix in the Face of Climate Change (2009)
Working Paper: "Mitigation, Adaptation, Suffering": In Search of the Right Mix in the Face of Climate Change (2009)
Working Paper: “Mitigation, adaptation, suffering”: In search of the right mix in the face of climate change (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2009.79
Access Statistics for this paper
More papers in Working Papers from Fondazione Eni Enrico Mattei Contact information at EDIRC.
Bibliographic data for series maintained by barbara racah ().