Climate. To hedge or not against an uncertain climate future?

@article{Yohe2004ClimateTH,
  title={Climate. To hedge or not against an uncertain climate future?},
  author={Gary W. Yohe and Natasha G. Andronova and Michael Schlesinger},
  journal={Science},
  year={2004},
  volume={306 5695},
  pages={416-7}
}
I t has been over a decade since Nordhaus (1) published his seminal paper on mitigation policy for climate change. His question was “To slow or not to slow?”; his answer was derived from a traditional costbenefit approach. He found that a tax levied on fossil fuel in proportion to its carbon content, which would climb over time at roughly the rate of interest, maximized global welfare. Although many more analyses of the same question have since been published, his results are still robust if… CONTINUE READING
Highly Cited
This paper has 80 citations. REVIEW CITATIONS

Citations

Publications citing this paper.
Showing 1-10 of 57 extracted citations

81 Citations

0510'06'09'12'15'18
Citations per Year
Semantic Scholar estimates that this publication has 81 citations based on the available data.

See our FAQ for additional information.

References

Publications referenced by this paper.
Showing 1-5 of 5 references

A summary of poll results: EMF 14 Subgroup on Uncertainty

  • A. S. Manne
  • 1995
Highly Influential
3 Excerpts

Abrupt non-linear climate change, irreversibility and surprise

  • S. Schneider
  • 2003
3 Excerpts

Estimating the global impact of climate change ” [ ENV / EPOC / GSP ( 2003 ) 12 , Organization for Economic Co - operation and Development ( OECD ) , Paris , 2003 ]

  • S. Hitz Smith
  • J . Climate
  • 2003

Estimating the global impact of climate change” [ENV/EPOC/GSP(2003)12, Organization for Economic Co-operation and Development (OECD)

  • J. Smith, S. Hitz
  • 2003
3 Excerpts

Warming the World: Economic Models of Global Warming

  • W. D. Nordhaus, J. Boyer
  • 2001
1 Excerpt

Similar Papers

Loading similar papers…