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Climate Management Issues
book

Climate Management Issues

by Julie K. Gines
December 2011
Intermediate to advanced content levelIntermediate to advanced
470 pages
16h 40m
English
CRC Press
Content preview from Climate Management Issues
332 Climate Management Issues
Consumption levels will be higher in the future, so the marginal
utility of additional consumption will be lower.
Future consumption levels are uncertain.
Improved technology of the future will make it easier to address
climate change concerns.
Using a high discount rate decreases the assessed benet of actions designed
to reduce greenhouse gas emissions. The Stern Review’s discount rate for
climate change damages is approximately 1.4 percent, which was lower than
that used in most previous studies on climate change damages.
Her Majesty’s (HM) Treasury has issued a document where several econo-
mists are quoted praising the Stern Review; it includes favorable reviews writ-
ten by Robert Solow, James Mirr ...
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Publisher Resources

ISBN: 9781439861066