EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/46481
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorAuerswald, Heikeen_US
dc.contributor.authorKonrad, Kai A.en_US
dc.contributor.authorThum, Marcelen_US
dc.date.accessioned2011-05-18en_US
dc.date.accessioned2011-06-29T11:19:54Z-
dc.date.available2011-06-29T11:19:54Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/46481-
dc.description.abstractThe future consequences of climate change are highly uncertain. Today, the exact size of possible future damages are widely unknown. Governments try to cope with these risks by investing in mitigation and adaptation measures. Mitigation aims at a reduction of greenhouse gas emissions whereas adaptation reduces the follow-up costs of climate change. In contrast to the existing literature, we explicitly model the decision of risk-averse governments on mitigation and adaptation policies. Furthermore we also consider the interaction of the two strategies. Mitigation efforts of a single country trigger crowding out as other countries will reduce their mitigation efforts. We show that, under fairly mild conditions, a unilateral increase in mitigation efforts of a single country can even increase global emissions. In contrast, a unilateral commitment to large adaptation efforts benefits the single country and may reduce the global risk from climate change at the expense of other countries.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper: Energy and Climate Economics 3320en_US
dc.subject.jelQ54en_US
dc.subject.jelQ58en_US
dc.subject.ddc330en_US
dc.subject.keywordclimate changeen_US
dc.subject.keywordadaptationen_US
dc.subject.keywordmitigationen_US
dc.subject.keywordrisk-takingen_US
dc.subject.stwKlimaveränderungen_US
dc.subject.stwUmweltpolitiken_US
dc.subject.stwImmissionsschutzen_US
dc.subject.stwPolitische Entscheidungen_US
dc.titleAdaptation, mitigation and risk-taking in climate policyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn659071193en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
659071193.pdf553.55 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.