http://www.uib.no/filearchive/filetopic_geopaper_2901_2010_1.pdf

Geoengineering -  a part of climate change policies

Kjetil Gramstad and Sigve Tjøtta

Abstract
International efforts on abating climate change, focusing on
reductions of greenhouse gas
emissions, have thus far proved unsuccessful. This naturally motivates
 exploration of other
strategies. We present a framework for analyzing stratospheric sulphur
injections. We adopt
and modify the Dynamic Integrated model of Climate and the Economy
(DICE), to utilize a
cost-benefit analyze of this geoengineering option. Both benefits and
costs of stratospheric
sulphur injections are highly  uncertain. Our model simulations
suggest that stratospheric
sulfur injections may have a substantial beneficial effect on overall
welfare. For this effort to
fail a cost-benefit test, the ratio of cost to benefit must be—what we
consider—very large.

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