This book presents a compendium of methodologies for evaluating the economic impact of technological innovation upon climate-change policy. There is a broad consensus on the key elements of climate-change science and agreement that near-term actions are needed to prevent dangerous anthropogenic interference with the climate system. However, there is little agreement on the costs and benefits of climate policy. Any policy implementation will result in an irreversible but environment-improving investment in alternative technologies; this change will generate immediately-realized costs but…mehr
This book presents a compendium of methodologies for evaluating the economic impact of technological innovation upon climate-change policy. There is a broad consensus on the key elements of climate-change science and agreement that near-term actions are needed to prevent dangerous anthropogenic interference with the climate system. However, there is little agreement on the costs and benefits of climate policy. Any policy implementation will result in an irreversible but environment-improving investment in alternative technologies; this change will generate immediately-realized costs but significantly-delayed benefits. Hence, a critical element in policy selection is the inherent uncertainty in the climate and economy that can be expected over time.
Alexander A. Golub is the Senior Research Fellow for the Environmental Defence Fund, USA. Anil Markandya is Professor of Economics at the University of Bath, UK, and Director of Applied Research at FEEM, Italy.
Inhaltsangabe
Introduction Alexander Golub and Anil Markandya 1 Cost and benefits of climate policy under uncertainty Alexander Golub Elena Strukova and James Wang 2 Trade-offs between expectations and uncertainties: Application of Real Option Methodology for Climate Policy Analysis Jon Anda Alexander Golub and Elena Strukova 3 Learning about Climate Change and Implications for Near-term Policy Mort Webster Lisa Jakobovits and James Norton 4 Structural Uncertainty in the DICE Model AJ A. Bostian and Alexander Golub 5 Abatement Cost Uncertainty and Policy Instrument Selection Under a Stringent Climate Policy. A Dynamic Analysis Valentina Bosetti Alexander Golub Anil Markandya Emanuele Massetti and Massimo Tavoni 6 The Effects of Climate Policy on the Energy Technology Mix: An Integrated CVaR and Real Options Approach Sabine Fuss Nikolay Khabarov Jana Szolgayova and Michael Obersteiner 7 Risk-averse firm and new technologies Alexander Golub Dan Dudek and Elena Strukova 8 The Evolution of Technological Complexity: An agent-based simulation model of the global energy system Tieju Ma and Arnulf Grubler Appendix A--Main Mathematical Formulations of the Model 9 Does the Kyoto Protocol Cost too much and Create Unbreakable Barriers for Economic Growth? Alexander Golub Anil Markandya and Dominic Marcellino 10 Improving the Contribution of Economic Models in Evaluating Energy and Climate Change Mitigation Policies John A. "Skip" Laitner 11 The Economic Benefits of an Energy-Efficient and Onsite Renewable Energy Strategy to Meet Growing Electricity Needs in Texas John A. "Skip" Laitner Maggie Eldridge and R. Neal Elliott 12 Low-cost offsets and incentives for new technologies. Alexander Golub and Noah Greenberg.
Introduction Alexander Golub and Anil Markandya 1 Cost and benefits of climate policy under uncertainty Alexander Golub Elena Strukova and James Wang 2 Trade-offs between expectations and uncertainties: Application of Real Option Methodology for Climate Policy Analysis Jon Anda Alexander Golub and Elena Strukova 3 Learning about Climate Change and Implications for Near-term Policy Mort Webster Lisa Jakobovits and James Norton 4 Structural Uncertainty in the DICE Model AJ A. Bostian and Alexander Golub 5 Abatement Cost Uncertainty and Policy Instrument Selection Under a Stringent Climate Policy. A Dynamic Analysis Valentina Bosetti Alexander Golub Anil Markandya Emanuele Massetti and Massimo Tavoni 6 The Effects of Climate Policy on the Energy Technology Mix: An Integrated CVaR and Real Options Approach Sabine Fuss Nikolay Khabarov Jana Szolgayova and Michael Obersteiner 7 Risk-averse firm and new technologies Alexander Golub Dan Dudek and Elena Strukova 8 The Evolution of Technological Complexity: An agent-based simulation model of the global energy system Tieju Ma and Arnulf Grubler Appendix A--Main Mathematical Formulations of the Model 9 Does the Kyoto Protocol Cost too much and Create Unbreakable Barriers for Economic Growth? Alexander Golub Anil Markandya and Dominic Marcellino 10 Improving the Contribution of Economic Models in Evaluating Energy and Climate Change Mitigation Policies John A. "Skip" Laitner 11 The Economic Benefits of an Energy-Efficient and Onsite Renewable Energy Strategy to Meet Growing Electricity Needs in Texas John A. "Skip" Laitner Maggie Eldridge and R. Neal Elliott 12 Low-cost offsets and incentives for new technologies. Alexander Golub and Noah Greenberg.
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