Arino, Yosuke; et al. (2016): Estimating option values of solar radiation management assuming that climate sensitivity is uncertain
Arino, Yosuke; Akimoto, Keigo; Sano, Fuminori; Homma, Takashi; Oda, Junichiro; Tomoda, Toshimasa (2016): Estimating option values of solar radiation management assuming that climate sensitivity is uncertain. In Proc Natl Acad Sci USA, p. 201520795–201520795. DOI 10.1073/pnas.1520795113.
„This paper presents one possible methodology for estimating option values of SRM assuming a fairly moderate scenario on SRM’s use compared with preceding literature, which would be helpful to examine realistic values of SRM for the society where social acceptability of SRM’s actual deployment is not high. Our results emphasize the near- to mid-term role of retaining SRM as a later risk-hedging option in the face of the uncertainty about climate sensitivity.“