Prof.
Mort Webster Receives $750K NSF Grant
for
Climate Change Research
July
1, 2008
ESD Assistant
Professor Mort David Webster has been
named Principal Investigator of a
$750,000 grant from the National Science
Foundation's (NSF) Human and Social
Dynamics Program.
The grant's
other investigators are Henry D. Jacoby,
Co-Director of the MIT Joint Program
on the Science and Policy of Global
Climate Change; Karen Fisher-Vanden
and Chris Forest of Penn State University;
and David Popp of Syracuse University
and the National Bureau of Economic
Research.
Titled
"Collaborative Research: An Improved
Model of Endogenous Technical Change
Considering Uncertain R&D Returns
and Uncertain Climate Response,"
the three-year research project to
be undertaken by Professor Webster
and his colleagues will counter previous
models used in climate change studies
that fail to take into account critical
uncertainties, particularly in regard
to the research and development of
improved energy technologies.
Professor
Webster's team will seek to develop
a model framework that explicitly
takes into account uncertainties inherent
in R&D. By eliminating biases
found in current models, they aim
to improve the analysis tools available
to decision-makers on the timing of
emissions reductions and investments
in technology R&D.
Specifically,
the representation of technical change
and its relation to R&D expenditure
will be calibrated to historical experience
with U.S. patents. The model will
improve the representation of them
uncertainty in the climate response
to greenhouse gas emissions by constraining
that uncertainty to a range consistent
with 20th century climate. These components
will be integrated into a single framework,
one that can be used to explore decision-making
about emissions reductions and R&D
expenditures under uncertainty.
|