Arbeitspapier

Mitigation and Solar Radiation Management in Climate Change Policies

We couple a spatially homogeneous energy balance climate model with an economic growth model which incorporates two potential policies against climate change: mitigation, which is the traditional policy, and geoengineering. We analyze the optimal policy mix of geoengineering and mitigation in both a cooperative and a noncooperative framework, in which we study open loop and feedback solutions. Our results suggests that greenhouse gas accumulation is relatively higher when geoengineering policies are undertaken, and that at noncooperative solutions incentives for geoengineering are relative stronger. A disruption of geoengineering efforts at a steady state will cause an upward jump in global temperature.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 41.2013

Klassifikation
Wirtschaft
Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Climate; Natural Disasters and Their Management; Global Warming
Thema
Climate Change
Mitigation
Geoengineering
Cooperation
Differential Game
Open Loop - Feedback Nash Equilibrium

Ereignis
Geistige Schöpfung
(wer)
Manousi, Vasiliki
Xepapadeas, Anastasios
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Manousi, Vasiliki
  • Xepapadeas, Anastasios
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2013

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