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.
- Language
-
Englisch
- Bibliographic citation
-
Series: Nota di Lavoro ; No. 41.2013
- Classification
-
Wirtschaft
Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Climate; Natural Disasters and Their Management; Global Warming
- Subject
-
Climate Change
Mitigation
Geoengineering
Cooperation
Differential Game
Open Loop - Feedback Nash Equilibrium
- Event
-
Geistige Schöpfung
- (who)
-
Manousi, Vasiliki
Xepapadeas, Anastasios
- Event
-
Veröffentlichung
- (who)
-
Fondazione Eni Enrico Mattei (FEEM)
- (where)
-
Milano
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Manousi, Vasiliki
- Xepapadeas, Anastasios
- Fondazione Eni Enrico Mattei (FEEM)
Time of origin
- 2013
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