Costs, Impacts, and Benefits of CO2 Mitigation

Kaya, Y., Nakicenovic, N. ORCID: https://orcid.org/0000-0001-7176-4604, Nordhaus, W.D., & Toth, F.L. (1993). Costs, Impacts, and Benefits of CO2 Mitigation. IIASA Collaborative Paper. IIASA, Laxenburg, Austria: CP-93-002

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Abstract

This volume presents the proceedings of the first international workshop on "Costs, Impacts, and Possible Benefits of CO2 Mitigation" held at IIASA in October 1992. The workshop was co-organized by the Japanese Central Research Institute of the Electric Power Industry (CRIEPI), IIASA, the National Science Foundation (NSF), Yale University, and the Intergovernmental Panel on Climate Change (IPCC). The workshop was held to review current research and analysis of economic costs and possible benefits of measures for responding to global climate change, and to critically evaluate knowledge gaps and future research activities.

Technological and economic measures for achieving environmentally compatible development have been and continue to be studied. There are a few studies on the comparative assessment of mitigation and adaptation costs, and the potential benefits of these measures. Since these are long-term issues ranging into the next century, their assessment also requires a degree of understanding of possible development paths the world may take in the absence of global warming.

The workshop covered the economics of climate change, its impacts, mitigation costs, policy instruments, and modeling issues. This volume summarizes these proceedings and presents the papers from the workshop.

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