Can subsidizing alternative energy technology development lead to faster global warming?

Modelling global climate changes without taking account of the changes in resource markets can produce climate policy with perverse consequences. In even the simplest economic model of emissions of greenhouse gases, naïve policies that ignore markets can lead to perverse outcomes- the opposite of that intended by the policymakers-such as accelerating global warming. Yet the global climate models that are commonly used to develop climate policy do not adequately model resource markets. As a consequence, we need to develop better models of resource markets within our global climate models.


Issue Date:
2007
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/10383
Total Pages:
14
Series Statement:
Conference Paper




 Record created 2017-04-01, last modified 2017-08-23

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)