Sustainability Management Based Approach to Global Warming:

The Tolerable Windows Approach to Global Warming*

The Tolerable Windows Approach (TWA) to integrated assessments of global warming is based on external normative specifications of tolerable sets of climate impacts as well as proposed emission quotas and policy instruments for implementation. In a second step, the complete set of admissible climate protection strategies which are compatible with these normative inputs is determined by scientifi...

Mitigating global warming: a real options approach

Mitigation and adaptation represent two solutions to the issue of global warming. While mitigation aims at reducing CO2 emissions and preventing climate change, adaptation encompasses a broad scope of techniques used to reduce the impacts of climate change once they have occurred. Both have direct costs on a country’s Gross Domestic Product, but costs also arise from temperature increases due t...

Mitigating Global Warming: A Real Options Approach

Mitigation and adaptation represent two solutions to the issue of global warming. While mitigation aims at reducing CO2 emissions and preventing climate change, adaptation encompasses a broad scope of techniques used to reduce the impacts of climate change once they have occurred. Both have direct costs on a country’s Gross Domestic Product, but costs also arise from temperature increases due t...

Global Warming Potentials: A Cost-Effectiveness Approach

The Kyoto Protocol prescribes obligatory limits on the emission of greenhouse gases by the industrialized countries during the period 2008-2012. Six specific gases are covered. The Kyoto limits apply to an aggregate of emissions of the covered gases expressed in carbon dioxide (CO2) equivalents, obtained by application of a "global warming potentials" (GWPs). In regard to concentrations, or sto...

Waking up to Global Warming