EDF crunches the numbers for climate change

.favstocks.com/wp-content/uploads/cache/1b45b_Golub_WCERE_June2010-205×300.jpg” alt=”" width=”156″ height=”227″ />

EDF's Golub presents “Economics of Controlling Climate Change Under Uncertainty” in Montreal.

EDF's Golub also tackles another tough economic issue — the costs of controlling climate change by reducing greenhouse gas emissions.

In his paper “Economics of Controlling Climate Change Under Uncertainty”, Golub looks at the best times for reducing emissions as the state of the climate worsens, as well as the best moments for improving the future state of the climate when current situations are improving.

Golub also draws an important conclusion: that uncertainty is not a good excuse for inaction in addressing climate change. Definitive rules about when to cut emissions, he finds, could be formulated even before uncertainties are resolved.

View Golub's presentation about economics of controlling climate change under uncertainty.