Abstract
We demonstrate analytically the characteristics of optimal emission reduction policies by utilizing simple greenhouse gas emission cost reduction models for various climate damage functions. We also show how to incorporate these emission models into a decision framework to evaluate the value of information for key parameters. Comparative numerical examples are given.
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© 1996 Springer-Verlag Berlin Heidelberg
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Peck, S.C., Wan, Y.S. (1996). Analytic Solutions of Simple Optimal Greenhouse Gas Emission Models. In: van Ierland, E.C., Görka, K. (eds) Economics of Atmospheric Pollution. NATO ASI Series, vol 14. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-61198-8_6
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DOI: https://doi.org/10.1007/978-3-642-61198-8_6
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-64744-4
Online ISBN: 978-3-642-61198-8
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