Climate tipping and economic growth: precautionary capital and the price of carbon

The optimal reaction to a climate tipping point which becomes more imminent with global warming is to be precautionary in accumulating additional capital to curb the adverse effects of the calamity and to price carbon to make catastrophic change less imminent. However, if the mean lag for impact of...

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Bibliografski detalji
Glavni autori: Van der Ploeg, R, de Zeeuw, A
Format: Working paper
Izdano: University of Oxford 2013

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