Earth System Dynamics
Earth System Dynamics
ESD
Articles | Volume 9, issue 2
Articles | Volume 9, issue 2
https://doi.org/10.5194/esd-9-525-2018
© Author(s) 2018. This work is distributed under
the Creative Commons Attribution 4.0 License.
https://doi.org/10.5194/esd-9-525-2018
© Author(s) 2018. This work is distributed under
the Creative Commons Attribution 4.0 License.
Articles | Volume 9, issue 2
Research article
 | 
18 May 2018
Research article |  | 18 May 2018

The impact of uncertainty on optimal emission policies

Nicola Botta, Patrik Jansson, and Cezar Ionescu

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Latest update: 24 Dec 2024
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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.
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