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Uncertainty and climate change policy design

McKibbin, Warwick; Wilcoxen, Peter


This paper argues that the problem with the targets and timetable approach to climate policy is that it ignores uncertainty about costs. An alternative approach on coordinating short run prices within a long run emissions targeting framework is outlined.

CollectionsANU Research Publications
Date published: 2009
Type: Journal article
Source: Journal of Policy Modeling
DOI: 10.1016/j.jpolmod.2008.12.001


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