Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/4316 
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dc.contributor.authorRickels, Wilfrieden
dc.contributor.authorLontzek, Thomas S.en
dc.date.accessioned2009-01-28T14:27:02Z-
dc.date.available2009-01-28T14:27:02Z-
dc.date.issued2008-
dc.identifier.urihttp://hdl.handle.net/10419/4316-
dc.description.abstractWe investigate the socially optimal anthropogenic intervention into the global carbon cycle. The limiting factor for this intervention is the accumulation of carbon in the atmosphere, which causes global warming. We apply a simplified two-box model to incorporate aspects of the global carbon cycle in a more appropriate way than a simple proportional decay assumption does. Anthropogenic intervention into the global carbon cycle enters the model as the amount of CO2 emitted into the atmosphere and the amount of CO2 injected into the deep ocean for purposes of sequestration. We derive a critical cost level for sequestration above which sequestration is just a temporary option or below which it is the long-run option allowing extended use of fossil fuels. The second option involves higher atmospheric stabilization levels, whereby the efficiency of sequestration depends on the time preference and the inertia of the carbon cycle.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1432en
dc.subject.jelQ30en
dc.subject.jelQ54en
dc.subject.jelQ30en
dc.subject.ddc330en
dc.subject.keywordGlobal Carbon Cycleen
dc.subject.keywordSequestrationen
dc.subject.keywordCO2 Emissionsen
dc.subject.keywordClimate Changeen
dc.subject.stwKlimaschutzen
dc.subject.stwKohlenstoffsenkeen
dc.subject.stwKohlendioxiden
dc.subject.stwMeeren
dc.subject.stwKosten-Nutzen-Analyseen
dc.subject.stwTheorieen
dc.titleOptimal global carbon management with ocean sequestration-
dc.typeWorking Paperen
dc.identifier.ppn571524966en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1432en

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