This is a presentation by Richard Newell of Duke University and Resources for the Future, and Billy Pizer of Resources for the Future, about the importance of accounting for the opportunity cost of climate R&D investments. This presentation was given for a seminar titled Intergenerational Discounting.
You will need Adobe Reader to view some of the files on this page. See EPA’s About PDF page to learn more.- Discounting the Distant Future: How Much Do Uncertain Rates Increase Valuations? (PDF)(36 pp, 477 K, 01/22/2008)