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Updated: Jul 12, 2026
08:18
Design and Use of a Full Flow Sampling System (FFS) for the Quantification of Methane Emissions
Published on: June 12, 2016
An optimal transition path for controlling greenhouse gases
Science (New York, N.Y.)
|November 20, 1992
Summary
A modest carbon tax is an efficient policy to slow global warming. Rigid emissions or climate stabilization policies may cause significant net economic costs, according to the dynamic integrated climate-economy (DICE) model.
Area of Science:
- Climate science and economic modeling
- Interdisciplinary research combining natural and economic sciences
Background:
- Global warming necessitates efficient policy design.
- Economic tools and natural science relationships are crucial for climate policy.
Purpose of the Study:
- To investigate alternative approaches for slowing climate change.
- To evaluate the economic efficiency of different climate policies.
Main Methods:
- Development of the dynamic integrated climate-economy (DICE) model.
- An intertemporal general-equilibrium model integrating economic growth and climate change.
- Evaluation of five distinct climate policies.
Main Results:
- A modest carbon tax is identified as an efficient policy.
- Rigid emissions stabilization policies incur significant net economic costs.
- Rigid climate stabilization policies also result in substantial net economic costs.
Conclusions:
- Policy design for climate change mitigation requires integrated economic and scientific approaches.
- Carbon taxation offers an efficient pathway to mitigate global warming.
- Inflexible stabilization policies present considerable economic drawbacks.
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