Abstract
Meanwhile, it is commonly agreed upon that climate protection requires a significant contraction of anthropogenic carbon dioxide (CO2) emissions and other trace gases. Stringent emission constraints on production and consumption activities are likely to produce non-negligible adjustment costs. Given some exogenous global emission reduction profile (which might be delivered from natural sciences) international climate policy focuses on two major issues:
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What is the magnitude, and
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what is the distribution of costs
for alternative greenhouse gas (GHG) abatement strategies to achieve the global reduction target?
Article FootNote
Research support has been provided by the Ministry for the Environment and Transport of the German State of Baden-Württemberg. The analysis of “Contraction and Convergence” builds on joint work with Heinz Welsch (University of Oldenburg).The author remains responsible for the views expressed here.
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References
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Böhringer, C. (2000). Shaping Greenhouse Gas Abatement Strategies — Policy Issues and Quantitative Insights. In: Brockmann, K.L., Stronzik, M. (eds) Flexible Mechanisms for an Efficient Climate Policy. ZEW Economic Studies, vol 11. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57691-1_4
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DOI: https://doi.org/10.1007/978-3-642-57691-1_4
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