Cumulative Carbon Emissions and Climate Change: Has the Economics of Climate Policies Lost Contact with the Physics?

Carbon dioxide (CO2) emissions are essentially cumulative in character; but much of the economic analysis and policy making in relation to the mitigation of CO2 emissions fails to reflect fully this fundamental feature of any analysis of the impact of emissions on climate. The cumulative and irreve...

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Bibliographic Details
Main Author: Rhys, J
Format: Working paper
Language:English
Published: Oxford Institute for Energy Studies 2011