Description:
Valuing Climate Change Mitigation discusses the role of uncertainty in valuing the benefits of climate change mitigation policies using contingent valuation and choice experiment techniques. It treats climate change using three dimensions of uncertainty: scenario, policy and preference. Conceptual frameworks are advanced to account simultaneously for these various dimensions of uncertainty. The authors then explore the impact of introducing these uncertainties into benefit estimates for the Australian Carbon Pollution Reduction Scheme. -- ‘Written in a clear and mostly nontechnical manner, while offering the right amount of details, this book would be certainly useful to academics and practitioners aiming at understanding peoples' attitudes towards different climate change mitigation options. Ultimately, different sources of uncertainty are important not only for climate change policies, but also for many other environmental issues. This book provides a useful road map, together with numerous practical details, that would be very helpful for anybody wanting to encompass uncertainty in SP surveys.’ (Carlo Fezzi, Journal of Economic Literature Reviews).