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Optimal GHG emission abatement and aggregate economic damages of global warming

Yannis Phillis, F. D. Kanellos, E. Grigoroudis, C. Hope, V. S. Kouikoglou, S. Papaefthymiou

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URIhttp://purl.tuc.gr/dl/dias/D689E423-F40D-41E3-8AB8-F5D268B9ACDB-
Identifierhttps://doi.org/ 10.1109/JSYST.2014.2376493-
Languageen-
Extent10 pagesel
TitleOptimal GHG emission abatement and aggregate economic damages of global warmingen
CreatorYannis Phillisen
CreatorΦιλλης Ιωαννηςel
CreatorF. D. Kanellosen
CreatorE. Grigoroudisen
CreatorC. Hopeen
CreatorV. S. Kouikoglouen
CreatorS. Papaefthymiou en
PublisherIEEEen
Content SummaryMan-made global warming poses serious threats to the environment and society. Proper abatement policies for greenhouse gas (GHG) emissions are urgently needed to ameliorate the effects of global warming. In this paper, we introduce a version of the Policy Analysis of the Greenhouse Effect (PAGE) model that is faster by two orders of magnitude than previous versions. PAGE is then used in conjunction with a genetic algorithm to devise optimal GHG emission abatement policies. Such policies are chosen so that an overall cost is minimized subject to certain constraints imposed on the policies. The results show the urgency of the problem. It turns out that an additional warming of 3 to 4 , as compared to the year 1900, imposes enormous stresses on the global economy. This paper highlights the urgency of climate action in the form of drastic emission cuts. en
Type of ItemPeer-Reviewed Journal Publicationen
Type of ItemΔημοσίευση σε Περιοδικό με Κριτέςel
Licensehttp://creativecommons.org/licenses/by/4.0/en
Date of Item2015-10-05-
Date of Publication2014-
SubjectEnviromenten
Bibliographic CitationF. D. Kanellos, E. Grigoroudis, C. Hope, V. S. Kouikoglou, S. Papaefthymiou and Y. A. Phillis, “Optimal GHG emissions abatement and aggregate economic damages of global warming,” IEEE Sys. J.,no.99 ,pp.1-10.doi : 10.1109/JSYST.2014.2376493en

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