期刊名称：Dundee Discussion Papers in Economics / Department of Economic Studies, University of Dundee
印刷版ISSN：1473-236X
出版年度：2011
卷号：1
页码：1-29
出版社：Dundee University
摘要：The quintessence of recent natural science studies is that the 2C target can only be
achieved with massive emission reductions in the next few years. The central twist of this
paper is the addition of this limited time to act into a non-perpetual real options framework
analysing optimal climate policy under uncertainty. The window-of-opportunity
modelling setup shows that the limited time to act may spark a trend reversal in the
direction of low-carbon alternatives. However, the implementation of a climate policy is
evaded by high uncertainty about possible climate pathways.
关键词：Climate policy, CO2 scenarios, non-perpetual real options
