Optimal Transition Path for Controlling Greenhouse Gases, An. Nordhaus, W. D. Science, 258(5086):1315–1319, November, 1992. ![Optimal Transition Path for Controlling Greenhouse Gases, An [link]](https://bibbase.org/img/filetypes/link.svg "link")
Paper doi abstract bibtex Designing efficient policies to slow global warming requires an approach that combines economic tools with relations from the natural sciences. The dynamic integrated climate-economy (DICE) model presented here, an intertemporal general-equilibrium model of economic growth and climate change, can be used to investigate alternative approaches to slowing climate change. Evaluation of five policies suggests that a modest carbon tax would be an efficient approach to slow global warming, whereas rigid emissions- or climate-stabilization approaches would impose significant net economic costs.
@article{nordhaus_optimal_1992,
title = {Optimal {Transition} {Path} for {Controlling} {Greenhouse} {Gases}, {An}},
volume = {258},
issn = {0036-8075, 1095-9203},
url = {http://www.sciencemag.org/cgi/doi/10.1126/science.258.5086.1315},
doi = {10.1126/science.258.5086.1315},
abstract = {Designing efficient policies to slow global warming requires an approach that combines economic tools with relations from the natural sciences. The dynamic integrated climate-economy (DICE) model presented here, an intertemporal general-equilibrium model of economic growth and climate change, can be used to investigate alternative approaches to slowing climate change. Evaluation of five policies suggests that a modest carbon tax would be an efficient approach to slow global warming, whereas rigid emissions- or climate-stabilization approaches would impose significant net economic costs.},
language = {en},
number = {5086},
urldate = {2017-07-25},
journal = {Science},
author = {Nordhaus, W. D.},
month = nov,
year = {1992},
keywords = {KR, Untagged},
pages = {1315--1319},
}
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