Long Run Projections for Climate Change Scenarios
This paper explores a range of methodological issues surrounding projecting greenhouse emissions over the next century. It points out that understanding future emissions requires a framework that deals with the sources of economic growth and allows for endogenous structural change. When modeling potential scenarios, the authors take into account various economic factors, such as purchasing power parity, pointing out that there is a lot of uncertainty in all climate change predictions.
© 2004 Lowy Institute for International Policy
Warwick J McKibbin, David Pearce, Alison Stegman
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