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Economics vs. Physical-based Metrics for Relative Greenhouse Gas Valuations


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Title: Economics vs. Physical-based Metrics for Relative Greenhouse Gas Valuations
Authors: Johansson, Daniel J.A.
Issue Date: 2-Jun-2009
Publication type: report
Series/Report no.: Working Papers in Economics
363
Keywords: GWP
GTP
cost-effectiveness
stabilization
climate change
Abstract: A range of alternatives to the Global Warming Potential (GWP) have been suggested in the scientific literature. One of these alternative metrics that has received significant attention is the cost-effective relative valuation of greenhouse gases. However, this metric is based on complex optimising integrated assessment models that are far from transparent to the general scientist or policymaker. Here we present a new analytic metric, the Cost-Effective Temperature Potential (CETP) which is based... more
ISSN: 1403-2465
URI: http://hdl.handle.net/2077/20346
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