Spatial and Temporal Efficiency in Climate Policy : Applications of FUND

  title={Spatial and Temporal Efficiency in Climate Policy : Applications of FUND},
  author={Richard S. J. Tol},
FUND is an integrated assessment model of the interactions between climate and economy. Nine world regions emit greenhouse gases, and suffer damages from climate change. A number of greenhouse gas emission reduction policies are compared, including optimal and cost-effective strategies, strategies with early and late abatement, and strategies with and without international co-operation. The analyses confirm that co-operation matters, resulting in substantially lower costs or higher welfare. The… CONTINUE READING
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