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Earth System Dynamics An interactive open-access journal of the European Geosciences Union
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Volume 9, issue 2
Earth Syst. Dynam., 9, 525–542, 2018
https://doi.org/10.5194/esd-9-525-2018
© Author(s) 2018. This work is distributed under
the Creative Commons Attribution 4.0 License.
Earth Syst. Dynam., 9, 525–542, 2018
https://doi.org/10.5194/esd-9-525-2018
© Author(s) 2018. This work is distributed under
the Creative Commons Attribution 4.0 License.

Research article 18 May 2018

Research article | 18 May 2018

The impact of uncertainty on optimal emission policies

Nicola Botta et al.

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Short summary
We study the impact of uncertainty on optimal greenhouse gas (GHG) emission policies for a stylized emission problem. The results suggest that uncertainties about the implementability of decisions on emission reductions (or increases) call for more precautionary policies. In contrast, uncertainties about the implications of exceeding critical cumulated emission thresholds tend to make early emission reductions less rewarding.
We study the impact of uncertainty on optimal greenhouse gas (GHG) emission policies for a...
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