Things tagged 'uncertainty'
Modelling the economics of climate change is daunting. Many existing methodologies from social and physical sciences need to be deployed, [...]
Recent research suggests that social cost-benefit analysis should be conducted with a declining discount rate. For instance Newell and Pizer [...]
A global target of stabilizing greenhouse-gas concentrations at between 450 and 550 parts per million carbon-dioxide equivalent (ppm CO2e) has [...]
The Bank of England have published the programme from their April interdisciplinary workshop which was on the role of uncertainty in central bank policy. This features Cameron’s paper, ‘Less precision, more truth: uncertainty in climate economics and macroprudential policy’ which he wrote with Doyne Farmer. You can view the Bank of England complete workshop programme […]