People’s beliefs in the actions necessary to reduce anthropogenic carbon dioxide (CO2) emissions are important to public policy acceptability. The current paper addressed beliefs concerning how periods of small emission cuts contribute to the total CO2 concentration in the atmosphere, by asking participants to rate the atmospheric CO2 concentration for various time periods and emission rates. The participants thought that a time period with higher…
Publication Keyword: Global warming
Non-Cooperative and Cooperative Responses to Climate Catastrophes in the Global Economy: A North-South Perspective
The optimal response to a potential productivity shock which becomes more imminent with global warming is to have carbon taxes to curb the risk of a calamity and to accumulate precautionary capital to facilitate smoothing of consumption. This paper investigates how differences between regions in terms of their vulnerability to climate change and their stage of development affect the cooperative and non-cooperative responses to this…
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