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Download book Valuing Climate Change Mitigation : Applying Stated Preferences in the Presence of Uncertainty

Valuing Climate Change Mitigation : Applying Stated Preferences in the Presence of Uncertainty by Jeff Bennett
Valuing Climate Change Mitigation : Applying Stated Preferences in the Presence of Uncertainty
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Author: Jeff Bennett
Number of Pages: 192 pages
Published Date: 12 Sep 2012
Publisher: Edward Elgar Publishing Ltd
Publication Country: Cheltenham, United Kingdom
Language: English
ISBN: 9781781003329
Download Link: Valuing Climate Change Mitigation Applying Stated Preferences in the Presence of Uncertainty
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This enriching book presents a holistic overview of climate change uncertainty and offers a number of pathways that could be used to account for such uncertainties in the stated preference valuation research. It shows that uncertainty plays an important role in determining the values of climate change mitigation benefits and as the authors say 'If this uncertainty remains unaccounted for, there is a potential danger that the estimated economic values will misrepresent social preferences for public policy interventions to manage environmental externalities'. Valuing Climate Change Mitigation discusses the role of uncertainty in valuing the benefits of climate change mitigation policies using contingent valuation and choice experiments techniques. It treats climate change using three dimensions of uncertainty: scenario, policy and preference. Conceptual frameworks are advanced to account simultaneously for these various dimensions of uncertainty. The authors then explore the impact of introducing these uncertainties into benefit estimates for the Australian Carbon Pollutions Reduction Scheme. The authors present frameworks to account for multiple uncertainty in environmental decision analysis that will prove invaluable for academics and students in the fields of environmental economics and management. Policymakers will also gain invaluable methodological insight.

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