Learning from Nationally Determined Contributions
Countries are pursuing a variety of climate change policies; we examine how much they cost relative to cheaper alternatives.
- It is important to model realistic climate change policies in order to understand both their domestic costs and how they affect other countries.
- Modeling realistic policies requires detailed economic models and more information about policy design.
- Knowing the cost difference between actual policies and cheaper alternatives can inform choices in the future.
- Organizations and independent experts can gather data while stakeholders provide feedback to further refine policies and establish better estimates to work with for future policy development.
Joseph E. Aldy
Joe Aldy is a university fellow at RFF and professor of the practice of public policy at Harvard’s Kennedy School. His research focuses on climate change policy, energy policy, and mortality risk evaluation.
William A. Pizer
Vice President for Research and Policy Engagement
Billy Pizer is Vice President for Research and Policy Engagement at RFF.
Journal Article — Oct 19, 2022
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