| 来源类型 | Journal Article |
| 规范类型 | 论文 |
| Monetizing the Value of Measurements of Equilibrium Climate Sensitivity Using the Social Cost of Carbon | |
| Roger Cooke; Alexander Golub; Bruce Wielicki; Martin Mlynczak; David Young; Rosemary Rallo Baize | |
| 发表日期 | 2019-03-29 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | There has been much work on the value of learning about climate and the value of information regarding the climatic system. The present research moves beyond an abstract hypothesis about future learning and considers concrete Earth Observing Systems that could enhance knowledge of the climatic system and better inform decision makers. This study shows how real options theory in combination with the social cost of carbon may help to calculate the value of information regarding equilibrium climate sensitivity and estimate the relative advantages of two different Earth Observing Systems (EOSs) for learning about ECS. One system aims to improve measurements of decadal global temperature increase and another targets measurements of decadal change of global cloud radiative effect. The paper concludes that a new EOS that substantially reduces the uncertainty in cloud radiative effect would be expected to have more value than improving estimations of the global surface temperature alone. |
| 主题 | Social Cost of Carbon,Risk Analysis and Uncertainty,VALUABLES |
| URL | https://www.rff.org/publications/journal-articles/monetizing-value-measurements-equilibrium-climate-sensitivity-using-social-cost-carbon/ |
| 来源智库 | Resources for the Future (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/588175 |
| 推荐引用方式 GB/T 7714 | Roger Cooke,Alexander Golub,Bruce Wielicki,et al. Monetizing the Value of Measurements of Equilibrium Climate Sensitivity Using the Social Cost of Carbon. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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