View Item 
        •   Utrecht University Student Theses Repository Home
        • UU Theses Repository
        • Theses
        • View Item
        •   Utrecht University Student Theses Repository Home
        • UU Theses Repository
        • Theses
        • View Item
        JavaScript is disabled for your browser. Some features of this site may not work without it.

        Browse

        All of UU Student Theses RepositoryBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

        Optimal policy for carbon pricing: Challenging the Hotelling rule and dissecting mitigation cost uncertainties

        Thumbnail
        View/Open
        Thesis - final.pdf (6.081Mb)
        Publication date
        2018
        Author
        Wijst, K. van der
        Metadata
        Show full item record
        Summary
        In this thesis, we apply mathematical techniques to three topics in climate policy. First, we calculate the optimal time profile of carbon prices. From classical economic theory, the optimal carbon price path is shown to grow exponentially at the same rate as the discount rate. However, we show that under simple assumptions like learning-by-doing and inertia, this rule does not yield optimal price paths anymore. Second, we analyse the sensitivity of the amount of negative emissions in IAM scenarios to changes in the discount rate. In the third part, we create a simple IAM to calculate the cost as function of temperature goal, and analyse its uncertainty. We compare the literature uncertainties from geo-physical sources to the uncertainties from socio-economic modelling.
        URI
        https://studenttheses.uu.nl/handle/20.500.12932/40010
        Collections
        • Theses
        Utrecht university logo