Drake, Henri F.; et al. (2020): A Multi-control Climate Policy Process for a Designated Decision Maker

Drake, Henri F.; Rivest, Ronald L.; Edelman, Alan; Deutch, John (2020): A Multi-control Climate Policy Process for a Designated Decision Maker. Massachusetts Institute of Technology. Cambridge, MA (MIT CEEPR Working Paper Series).

„We present an idealized model of optimally-controlled climate change, which is complementary to simpler analytical models and more comprehensive Integrated Assessment Models. We show that the four methods of controlling climate damage– mitigation, carbon dioxide removal, adaptation, and solar radiation modification– are not interchangeable, as they enter at different stages of the causal chain that connects GHG emissions to climate damages.“

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