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Pondering greenhouse policy

Journal Article · · Science (Washington, D.C.); (United States)
 [1]
  1. National Center for Atmospheric Research, Boulder, CO (United States) Stanford Univ., CA (United States)

In his article An optimal transition path for controlling greenhouse gases', William D Nordhaus takes a giant methodological step forward. His dynamic integrated climate-economy (DCIE) model couples my and Starley Thompson's globally averaged climate model with economic dynamics in order to evaluate the economic efficiency of different carbon tax scenarios. Nordhaus is one of the few economists who appropriately tries to balance the potential costs of CO[sub 2] emission controls with the external costs of unmitigated climate change - those that would occur in the absence of such controls.

OSTI ID:
6686659
Journal Information:
Science (Washington, D.C.); (United States), Journal Name: Science (Washington, D.C.); (United States) Vol. 259:5100; ISSN SCIEAS; ISSN 0036-8075
Country of Publication:
United States
Language:
English