Economic Choices in a Warming World

Economic Choices in a Warming World

Author: Christian de Perthuis

Publisher: Cambridge University Press

Published: 2011-03-10

Total Pages: 261

ISBN-13: 1107002567

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A provocative work that urges governments and policymakers to concentrate on existing policies and tools for combating climate change.


Warming the World

Warming the World

Author: William D. Nordhaus

Publisher: MIT Press

Published: 2003-08-11

Total Pages: 258

ISBN-13: 9780262640541

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This book presents in detail a pair of models of the economics of climate change. The models, called RICE-99 (for the Regional Dynamic Integrated model of Climate and the Economy) and DICE-99 (for the Dynamic Integrated Model of Climate and the Economy) build on the authors' earlier work, particularly their RICE and DICE models of the early 1990s. Humanity is risking the health of the natural environment through a myriad of interventions, including the atmospheric emission of trace gases such as carbon dioxide, the use of ozone-depleting chemicals, the engineering of massive land-use changes, and the destruction of the habitats of many species. It is imperative that we learn to protect our common geophysical and biological resources. Although scientists have studied greenhouse warming for decades, it is only recently that society has begun to consider the economic, political, and institutional aspects of environmental intervention. To do so raises formidable challenges of data modeling, uncertainty, international coordination, and institutional design. Attempts to deal with complex scientific and economic issues have increasingly involved the use of models to help analysts and decision makers understand likely future outcomes as well as the implications of alternative policies. This book presents in detail a pair of models of the economics of climate change. The models, called RICE-99 (for the Regional Dynamic Integrated model of Climate and the Economy) and DICE-99 (for the Dynamic Integrated Model of Climate and the Economy) build on the authors' earlier work, particularly their RICE and DICE models of the early 1990s. They can help policy makers design better economic and environmental policies.


Controlling Global Warming

Controlling Global Warming

Author: Christoph Böhringer

Publisher: Edward Elgar Publishing

Published: 2002-01-01

Total Pages: 324

ISBN-13: 9781843765462

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Global warming is widely considered to be one of the most serious environmental problems for current and future generations.


The Climate Casino

The Climate Casino

Author: William Nordhaus

Publisher: Yale University Press

Published: 2013-10-22

Total Pages: 618

ISBN-13: 0300203810

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Climate change is profoundly altering our world in ways that pose major risks to human societies and natural systems. We have entered the Climate Casino and are rolling the global-warming dice, warns economist William Nordhaus. But there is still time to turn around and walk back out of the casino, and in this essential book the author explains how.div /DIVdivBringing together all the important issues surrounding the climate debate, Nordhaus describes the science, economics, and politics involved—and the steps necessary to reduce the perils of global warming. Using language accessible to any concerned citizen and taking care to present different points of view fairly, he discusses the problem from start to finish: from the beginning, where warming originates in our personal energy use, to the end, where societies employ regulations or taxes or subsidies to slow the emissions of gases responsible for climate change./DIVdiv /DIVdivNordhaus offers a new analysis of why earlier policies, such as the Kyoto Protocol, failed to slow carbon dioxide emissions, how new approaches can succeed, and which policy tools will most effectively reduce emissions. In short, he clarifies a defining problem of our times and lays out the next critical steps for slowing the trajectory of global warming./DIV


False Alarm

False Alarm

Author: Bjorn Lomborg

Publisher: Basic Books

Published: 2020-07-14

Total Pages: 347

ISBN-13: 1541647483

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An “essential” (Times UK) and “meticulously researched” (Forbes) book by “the skeptical environmentalist” argues that panic over climate change is causing more harm than good Hurricanes batter our coasts. Wildfires rage across the American West. Glaciers collapse in the Artic. Politicians, activists, and the media espouse a common message: climate change is destroying the planet, and we must take drastic action immediately to stop it. Children panic about their future, and adults wonder if it is even ethical to bring new life into the world. Enough, argues bestselling author Bjorn Lomborg. Climate change is real, but it's not the apocalyptic threat that we've been told it is. Projections of Earth's imminent demise are based on bad science and even worse economics. In panic, world leaders have committed to wildly expensive but largely ineffective policies that hamper growth and crowd out more pressing investments in human capital, from immunization to education. False Alarm will convince you that everything you think about climate change is wrong -- and points the way toward making the world a vastly better, if slightly warmer, place for us all.


Green Capital

Green Capital

Author: Christian de Perthuis

Publisher: Columbia University Press

Published: 2015-10-13

Total Pages: 285

ISBN-13: 0231540361

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Many believe economic growth is incompatible with ecological preservation. Green Capital challenges this argument by shifting our focus away from the scarcity of raw materials and toward the deterioration of the great natural regulatory functions (such as the climate system, the water cycle, and biodiversity). Although we can find substitutes for scarce natural resources, we cannot replace a natural regulatory system, which is incredibly complex. It is therefore critical that we introduce a new price into the economy that measures the costs of damage to these regulatory functions. This change in perspective justifies such innovations as the carbon tax, which addresses not the scarcity of carbon but the inability of the atmosphere to absorb large amounts of carbon without upsetting the climate system. Brokering a sustainable peace between ecology and the economy, Green Capital describes a range of valuation schemes and their contribution to the goals of green capitalism, proposing a new approach to natural resources that benefits both businesses and the environment.


America's Climate Choices

America's Climate Choices

Author: National Research Council

Publisher: National Academies Press

Published: 2011-06-11

Total Pages: 134

ISBN-13: 0309145856

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Climate change is occurring. It is very likely caused by the emission of greenhouse gases from human activities, and poses significant risks for a range of human and natural systems. And these emissions continue to increase, which will result in further change and greater risks. America's Climate Choices makes the case that the environmental, economic, and humanitarian risks posed by climate change indicate a pressing need for substantial action now to limit the magnitude of climate change and to prepare for adapting to its impacts. Although there is some uncertainty about future risk, acting now will reduce the risks posed by climate change and the pressure to make larger, more rapid, and potentially more expensive reductions later. Most actions taken to reduce vulnerability to climate change impacts are common sense investments that will offer protection against natural climate variations and extreme events. In addition, crucial investment decisions made now about equipment and infrastructure can "lock in" commitments to greenhouse gas emissions for decades to come. Finally, while it may be possible to scale back or reverse many responses to climate change, it is difficult or impossible to "undo" climate change, once manifested. Current efforts of local, state, and private-sector actors are important, but not likely to yield progress comparable to what could be achieved with the addition of strong federal policies that establish coherent national goals and incentives, and that promote strong U.S. engagement in international-level response efforts. The inherent complexities and uncertainties of climate change are best met by applying an iterative risk management framework and making efforts to significantly reduce greenhouse gas emissions; prepare for adapting to impacts; invest in scientific research, technology development, and information systems; and facilitate engagement between scientific and technical experts and the many types of stakeholders making America's climate choices.


Can We Afford the Future?

Can We Afford the Future?

Author: Frank Ackerman

Publisher: Zed Books

Published: 2008-10-01

Total Pages: 168

ISBN-13: 9781848130371

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According to many scientists, climate change is a growing threat to life as we know it, requiring a large-scale, immediate response. According to many economists, climate change is a moderately important problem; the best policy is a slow, gradual start, to avoid spending too much. They can't both be right. In this book, Frank Ackerman offers a refreshing look at the economics of climate change, explaining how the arbitrary assumptions of conventional theories get in the way of understanding this urgent problem. The benefits of climate protection are vital but priceless, and hence often devalued in cost-benefit calculations. Preparation for the most predictable outcomes of global warming is less important than protection against the growing risk of catastrophic change; massive investment in new, low carbon technologies and industries should be thought of as life insurance for the planet. Ackerman makes an impassioned plea to construct a better economics, arguing that the solutions are affordable and the alternative is unthinkable. If we can't afford the future, what are we saving our money for? Can we Afford the Future? is part of The New Economics series, which uses the ideas behind a new, more human economics to provide a fresh way of looking at major contemporary issues.


Climate Change: Global Risks, Challenges and Decisions

Climate Change: Global Risks, Challenges and Decisions

Author: Katherine Richardson

Publisher: Cambridge University Press

Published: 2011-03-03

Total Pages: 541

ISBN-13: 1139496204

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Providing an up-to-date synthesis of all knowledge relevant to the climate change issue, this book ranges from the basic science documenting the need for policy action to the technologies, economic instruments and political strategies that can be employed in response to climate change. Ethical and cultural issues constraining the societal response to climate change are also discussed. This book provides a handbook for those who want to understand and contribute to meeting this challenge. It covers a very wide range of disciplines - core biophysical sciences involved with climate change (geosciences, atmospheric sciences, ocean sciences, ecology/biology) as well as economics, political science, health sciences, institutions and governance, sociology, ethics and philosophy, and engineering. As such it will be invaluable for a wide range of researchers and professionals wanting a cutting-edge synthesis of climate change issues, and for advanced student courses on climate change.


The Political Economy of Global Warming

The Political Economy of Global Warming

Author: Del Weston

Publisher: Routledge

Published: 2014-04-11

Total Pages: 249

ISBN-13: 1135084939

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Humanity is facing an unprecedented global catastrophe as a result of global warming. This book examines the reasons why international agencies, together with national governments, are seemingly unable to provide real and binding solutions to the problems. The reasons presented relate to the existing dominant global economic structure of capitalism as well as the fact that global warming is too often seen as an isolated problem rather than one of a suite of exceptional, converging and accelerating crises arising from the global capitalist political economy. This book adopts a political economy framework to address these issues. It accepts the science of global warming but challenges the predominant politics and economics of global warming. To illustrate the key issues involved, the book draws on South Africa – building on Samir Amin’s thesis that the country represents a microcosm of the global political economy. By taking a political economy approach, the book provides a clear explanation of the deep and pervasive problem of the denial which fails to acknowledge global warming as a systemic rather than a market problem. The book should be of interest to students and scholars researching climate change, environmental politics, environmental and ecological economics, development studies and political economics.