TY - JOUR
T1 - Stabilizing atmospheric CO2 concentrations
T2 - Technical, political, and economic dimensions
AU - Valverde A. Jr., L. James
AU - Webster, Mort D.
PY - 1999/10/1
Y1 - 1999/10/1
N2 - The goal of stabilizing atmospheric CO2 concentrations has, in recent years, emerged as an important theme in international forums and negotiations directed at the issue of climate change. In this paper, we frame the stabilization problem in terms of three dimensions, labeled 'technical,' 'political,' and 'economic.' To illustrate this conceptual scheme, we utilize the MIT Emissions Prediction and Policy Analysis model to explore an illustrative set of stabilization policies, each of which presumes substantive participation by OECD nations, but varies the level and timing of emissions controls by the rest of the world. The analysis suggests that international agreements for policy coordination may prove elusive, despite potential aggregate benefits for cooperation.
AB - The goal of stabilizing atmospheric CO2 concentrations has, in recent years, emerged as an important theme in international forums and negotiations directed at the issue of climate change. In this paper, we frame the stabilization problem in terms of three dimensions, labeled 'technical,' 'political,' and 'economic.' To illustrate this conceptual scheme, we utilize the MIT Emissions Prediction and Policy Analysis model to explore an illustrative set of stabilization policies, each of which presumes substantive participation by OECD nations, but varies the level and timing of emissions controls by the rest of the world. The analysis suggests that international agreements for policy coordination may prove elusive, despite potential aggregate benefits for cooperation.
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U2 - 10.1016/S0301-4215(99)00040-3
DO - 10.1016/S0301-4215(99)00040-3
M3 - Article
AN - SCOPUS:0343114316
SN - 0301-4215
VL - 27
SP - 613
EP - 622
JO - Energy Policy
JF - Energy Policy
IS - 10
ER -