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Climate change presents the decision maker with a set of formidable complications: large uncertainties, the potential for irreversible damages or costs, a very long planning horizon, long time lags between emissions and effects, a global scope, wide regional variation, and multiple greenhouse gases of concern.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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benchmark warming, economic double dividend, indirect policy options, greenhouse gas abatement costing studies, flow summation method, tradable quota scheme, climate change decision making, noncooperating countries, eternal permits, tradable quota system, mitigation cost estimates, utility regulatory reforms, climate change decisions, domestic carbon taxes, model comparison project, precautionary investments, nonmarket impacts, negative net cost, flood hazard assessment, emission reduction costs, fossil fuel switching, carbon abated, emission reduction scenarios, tradable quotas, emission reduction options
Key Phrases - Capitalized Phrases (CAPs):
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New York, World Bank, United States, Environmental Protection Agency, United Nations, Cambridge University Press, Eastern Europe, Soviet Union, Oxford University Press, Montreal Protocol, New Zealand, The Energy Journal, American Economic Review, North America, World Resources Institute, Asian Development Bank, European Union, Latin America, Economic Journal, Annual Review of Energy, Van Kooten, Energy Economics, Harvard University, New Delhi, Johns Hopkins University Press
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