Steering the Climate System: Using Inertia to Lower the Cost of Policy: Reply
成果类型：
Editorial Material
署名作者：
Lemoine, Derek; Rudik, Ivan
署名单位：
University of Arizona; National Bureau of Economic Research; Cornell University
刊物名称：
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN：
0002-8282
DOI：
10.1257/aer.20191814
发表日期：
2020
页码：
1238-1241
关键词：
摘要：
Mattauch et al. (2020) claims that the quantitative conclusions in Lemoine and Rudik (2017)-henceforth, LR17-are not robust to using a climate model consistent with recent scientific results. We observe that LR17 in fact analyzes an extension to a more realistic carbon model that generates an efficient emission tax trajectory very similar to that in Mattauch et al. (2020), and we here show that simplifications in the temperature model of LR17 do not qualitatively affect their policy conclusions. Accounting for inertia reduces the initial emission tax by 42 percent and reduces the present value of abatement cost by 39 percent.
来源URL：