Template-Type: ReDIF-Article 1.0 Author-Name: Jesper Jensen Title: Flexible Multi-gas Climate Policies Classification-JEL: F0 Pages: 163-176 Volume: Multi-Greenhouse Gas Mitigation and Climate Policy Issue: Special Issue #3 Year: 2006 Abstract: I analyse the costs of policies aimed at stabilising global climate change. I show that abatement of all major greenhouse gases is important to the costs of climate policies and that flexible reduction of methane and other non-CO2 gases may reduce costs significantly. The non-CO2 gases offer many low-cost abatement options and this reduces the need for abatement of CO2 to stabilise climate change. Multi-gas flexibility may be important if climate policies reflect not only long-term stabilisation, but also the rate at which the climate changes, as the latter may require large reductions in emissions in the short-term. Handle: RePEc:aen:journl:2006SE_Weyant-a08 File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=2190 File-Format: text/html File-Restriction: Access to full text is restricted to IAEE members and subscribers.