BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//talks.cam.ac.uk//v3//EN
BEGIN:VTIMEZONE
TZID:Europe/London
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:19700329T010000
RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=-1SU
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:19701025T020000
RRULE:FREQ=YEARLY;BYMONTH=10;BYDAY=-1SU
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
CATEGORIES:Isaac Newton Institute Seminar Series
SUMMARY:Climate investments optimized under uncertainty - 
 Held\, H (PIK)
DTSTART;TZID=Europe/London:20101209T161000
DTEND;TZID=Europe/London:20101209T170000
UID:TALK28320AThttp://talks.cam.ac.uk
URL:http://talks.cam.ac.uk/talk/index/28320
DESCRIPTION:While the EU has been propagating the 2° target ov
 er the last decade\, now also the Copenhagen Accor
 d (2009) recognizes that 'the increase in global t
 emperature should be below 2 degrees Celsius' (com
 pared to pre-industrial levels). In recent years\,
  energy economics have derived welfare-optimal inv
 estment streams into low-emission energy mixes and
  associated costs. According to our analyses\, aux
 iliary targets that are in line with the 2° target
  could be achieved at relatively low costs if ener
 gy investments were triggered rather swiftly.\n\nW
 hile such analyses assume 'perfect foresight' of a
  benevolent 'social planner'\, an accompanying sui
 te of experiments explicitly acknowledges the rath
 er uncertain nature of key responses to human deci
 sions within the climate as well as the technology
  system. We outline first results into that direct
 ion and indicate an intrinsic need for generalisat
 ion within target approaches under uncertainty. 
LOCATION:Seminar Room 1\, Newton Institute
CONTACT:Mustapha Amrani
END:VEVENT
END:VCALENDAR