1932

Abstract

We consider the large range of estimated costs of meeting U.S. climate policy targets. Some of this range is due to different studies using different cost measures, and in principle such differences could be eliminated by more careful comparisons and greater transparency in studies that estimate costs. Still another source of differences is how the proposed policy is represented. Here, again, this source of difference could be reduced by more careful comparison and by better definition of implementation details. Even if these sources of difference could be eliminated, there would remain substantial uncertainties because of the difficulties of projecting economic activity over the long horizon of proposed policies. We show the importance of several of these factors, using a consistent modeling framework.

Loading

Article metrics loading...

/content/journals/10.1146/annurev.resource.012809.104234
2010-10-10
2024-10-09
Loading full text...

Full text loading...

/content/journals/10.1146/annurev.resource.012809.104234
Loading
/content/journals/10.1146/annurev.resource.012809.104234
Loading

Data & Media loading...

  • Article Type: Review Article
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error