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