Abstract
A paper published by Wigley et al. in Nature in 1996 aroused considerable discussion. Wigley et al. (WRE, henceforth) concluded that cost-effective trajectories towards stabilization of greenhouse gas concentrations in the atmosphere have a typical shape: a cost-effective trajectory closely follows the business as usual path in earlier decades, to sharply bend away from it in later decades, deeply cutting emissions from baseline in later years. Later studies confirm this (Edmonds et al., 1997; Manne and Richels, 1997a,b; Peck and Teisberg, 1996; Weyant, 1997). Apparently, the conclusion is that it is better to postpone substantial emission reduction for at least a decade.
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© 1999 Springer Science+Business Media Dordrecht
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Tol, R.S.J. (1999). The optimal timing of greenhouse gas emission abatement, individual rationality and intergenerational equity. In: Carraro, C. (eds) International Environmental Agreements on Climate Change. Fondazione Eni Enrico Mattei (Feem) Series on Economics, Energy and Environment, vol 13. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-9169-0_10
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DOI: https://doi.org/10.1007/978-94-015-9169-0_10
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