Implications of a Lowered Damage Trajectory for Mitigation in a Continuous-Time Stochastic Model
This paper provides counterexamples to the idea that mitigation of greenhouse gases causing climate change, and adaptation to climate change, are always and everywhere substitutes. The author considers optimal policy for mitigating greenhouse gas e...
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Format: | Policy Research Working Paper |
Language: | English |
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2012
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Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110701002720 http://hdl.handle.net/10986/3489 |