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The Design of Climate Policy$
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Roger Guesnerie and Henry Tulkens

Print publication date: 2008

Print ISBN-13: 9780262073028

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262073028.001.0001

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PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2018. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 24 October 2019

Absolute versus Intensity Limits for CO2 Emission Control: Performance under Uncertainty

Absolute versus Intensity Limits for CO2 Emission Control: Performance under Uncertainty

Chapter:
(p.221) 12 Absolute versus Intensity Limits for CO2 Emission Control: Performance under Uncertainty
Source:
The Design of Climate Policy
Author(s):

Ian Sue Wing

A. Denny Ellerman

Jaemin Song

Publisher:
The MIT Press
DOI:10.7551/mitpress/9780262073028.003.0012

This chapter compares absolute and intensity limits for carbon dioxide emission control under conditions of uncertainty. It demonstrates the conditions under which an absolute or intensity limit would be preferred. The chapter also explores the policy implications of these conditions using historical time series data and historical forecasts on different countries’ actual carbon dioxide emissions and gross domestic product (GDP).

Keywords:   absolute limit, intensity limit, carbon dioxide emissions, uncertainty, time series, historical forecasts, gross domestic product, GDP

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