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Model, Model on the Screen, What's the Cost of Going Green? AgEcon
Dowlatabadi, Hadi; Boyd, David R.; MacDonald, Jamie.
How much a policy is expected to cost and who bears the brunt of that cost play a significant role in the debates that shape regulations. We do not have a good track record of predicting costs and their ultimate distribution, but systematic reviews of past assessments have identified some of the factors that lead to errors. A wide range of expected costs of climate policy have been hotly debated, but all are likely to be wrong. This does not mean that we should continue a debate using ill-informed analyses. On the contrary, we need early small experiments to shed light on key unknowns. Environmental stewardship is a long-term challenge and an adaptive regulatory approach promises to inform policy targets and improve controls through sequential regulatory...
Tipo: Working or Discussion Paper Palavras-chave: Cost estimation; Climate policy; Modeling; Adaptive management; Environmental Economics and Policy; D21; D82; D83; F13; O31.
Ano: 2004 URL: http://purl.umn.edu/10806
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