The Costs of Climate Protection: A Guide for the Perplexed
Author(s)
Repetto, Robert; Austin, Duncan
Abstract
How much will it cost to reduce Carbon Emissions? This analysis finds that eight key assumptions largely determine the predicted economic impacts of reaching CO2 abatement targets. Using reasonable choices about these assumptions, the predicted costs of substantial reduction in carbon emissions are quite low or even negative. The findings indicate that carbon reduction might even stimulate economic growth.