How important are uncertainty and dynamics for environmental and climate policy? Some analytics

Katheline Schubert and Sjak Smulders ()

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: We introduce nine papers on sustainable resource dynamics. In addition, we provide analytical results on the effect of stochastic damages on optimal economic growth, the effects of habits and loss aversion on the cost-benefit discount rate, and the effect of a carbon budget and carbon capture and storage (CCS) on optimal investment in technical change.

Date: 2019-09
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Citations: View citations in EconPapers (8)

Published in Journal of Environmental Economics and Management, 2019, 97, pp.1-22. ⟨10.1016/j.jeem.2019.102249⟩

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Working Paper: How important are uncertainty and dynamics for environmental and climate policy? Some analytics (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:halshs-02301705

DOI: 10.1016/j.jeem.2019.102249

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