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Informing Climate Policy Given Incommensurable Benefits Estimates

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dc.creator Jacoby, Henry D.
dc.date 2004-02-19T19:55:57Z
dc.date 2004-02-19T19:55:57Z
dc.date 2004-02
dc.date.accessioned 2013-10-09T02:34:01Z
dc.date.available 2013-10-09T02:34:01Z
dc.date.issued 2013-10-09
dc.identifier http://mit.edu/globalchange/www/abstracts.html#a107
dc.identifier http://hdl.handle.net/1721.1/4057
dc.identifier Report no. 107
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/1721
dc.description The determination of long-term goals for climate policy, or of near-term mitigation effort, requires a shared conception among nations of what is at stake. Unfortunately, because of different attitudes to risk, problems of valuing non-market effects, and disagreements about aggregation across rich and poor nations, no single benefit measure is possible that can provide commonly accepted basis for judgment. In response to this circumstance, a portfolio of estimates is recommended, including global variables that can be represented in probabilistic terms, regional impacts expressed in natural units, and integrated monetary valuation. Development of such a portfolio is a research task, and the needed program of work suggested.
dc.description Abstract in HTML and technical report in PDF available on the Massachusetts Institute of Technology Joint Program on the Science and Policy of Global Change website (http://mit.edu/globalchange/www/).
dc.description Results cited from the MIT Joint Program on the Science and Policy of Global Change were developed with the support of the US Department of Energy, Office of Biological and Environmental Research [BER] (DE-FG02-94ER61937) the US Environmental Protection Agency (X-827703-01-0), the Electric Power Research Institute, and by a consortium of industry and foundation sponsors.
dc.format 252694 bytes
dc.format application/pdf
dc.language en_US
dc.publisher MIT Joint Program on the Science and Policy of Global Change
dc.relation Report no. 107;
dc.subject climate policy
dc.subject benefit estimation
dc.subject uncertainty
dc.subject non-monetary valuation
dc.title Informing Climate Policy Given Incommensurable Benefits Estimates


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