Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature

Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature

Author: Signe Krogstrup

Publisher: International Monetary Fund

Published: 2019-09-04

Total Pages: 58

ISBN-13: 1513511955

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Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.


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.


Quarterly Essay 70 Dead Right

Quarterly Essay 70 Dead Right

Author: Richard Denniss

Publisher: Black Inc.

Published: 2018-06-04

Total Pages: 167

ISBN-13: 174382050X

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How did the big banks get away with so much for so long? Why are so many aged-care residents malnourished? And when did arms manufacturers start sponsoring the Australian War Memorial? In this passionate essay, Richard Denniss explores what neoliberalism has done to Australian society. For decades, we have been led to believe that the private sector does everything better, that governments can’t afford to provide the high-quality services they once did, but that security and prosperity for all are just around the corner. In fact, Australians are now less equal, millions of workers have no sick leave or paid holidays, and housing is unaffordable for many. Deregulation, privatisation and trickle-down economics have, we are told, delivered us twenty-seven years of growth ... but to what end? In Dead Right, Denniss looks at ways to renew our democracy and discusses everything from the fragmenting Coalition to an idea of the national interest that goes beyond economics. ‘Neoliberalism, the catch-all term for all things small government, has been the ideal cloak behind which to conceal enormous shifts in Australia’s wealth and culture ... Over the past thirty years, the language, ideas and policies of neoliberalism have transformed our economy and, more importantly, our culture’ —Richard Denniss, Dead Right


Cool It

Cool It

Author: Bjorn Lomborg

Publisher: Vintage

Published: 2007-09-11

Total Pages: 272

ISBN-13: 0307267792

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Bjorn Lomborg argues that many of the elaborate and staggeringly expensive actions now being considered to meet the challenges of global warming ultimately will have little impact on the world’s temperature. He suggests that rather than focusing on ineffective solutions that will cost us trillions of dollars over the coming decades, we should be looking for smarter, more cost-effective approaches (such as massively increasing our commitment to green energy R&D) that will allow us to deal not only with climate change but also with other pressing global concerns, such as malaria and HIV/AIDS. And he considers why and how this debate has fostered an atmosphere in which dissenters are immediately demonized.


The Economic, Social and Political Elements of Climate Change

The Economic, Social and Political Elements of Climate Change

Author: Walter Leal Filho

Publisher: Springer Science & Business Media

Published: 2010-11-23

Total Pages: 860

ISBN-13: 3642147763

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A unique feature of this book is its strong practice-oriented nature: it contains a wide range of papers dealing with the social, economic and political aspects of climate change, exemplifying the diversity of approaches to climate change management taking place all over the world, in a way never seen before. In addition, the book describes a number of projects and other initiatives happening in Africa, Asia, Europe, Latin American and the Australasian region, providing a profile of the diversity of works taking place today.


Quarterly Essay

Quarterly Essay

Author: David Marr

Publisher: ReadHowYouWant.com

Published: 2010-10-29

Total Pages: 218

ISBN-13: 1459602587

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In the June 2010 Quarterly Essay, Australia's leading journalist delves deep into the life, character and style of Kevin Rudd. This irreverent, controversial account is sure to be one of the most talked-about publications of election year 2010 - a ground-breaking, in-depth profile that traces Rudd's years in Queensland, in China, in opposition a...


The Kyoto Protocol & Its Economic Implications

The Kyoto Protocol & Its Economic Implications

Author: Dan Schaefer

Publisher: DIANE Publishing

Published: 2000-03

Total Pages: 395

ISBN-13: 0788186019

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A Congressional hearing on the Kyoto Protocol, on the costs of stabilizing greenhouse gas emissions at 1990 levels by the year 2010, & its possible economic implications to the U.S. Witnesses include: Stuart E. Eizenstat, Under Secretary for Economic Business & Agricultural Affairs, U.S. Dept. of State; & Janet Yellen, Chair, Council of Economic Advisors. Additional material submitted for the record: Hon. Dan Schaefer, letter dated March 26, 1998, to Hon. Janet Yellen, requesting material for the record, & submission of same.


Economics and Policy Issues in Climate Change

Economics and Policy Issues in Climate Change

Author: William D. Nordhaus

Publisher: Routledge

Published: 2013-11-26

Total Pages: 335

ISBN-13: 1135892784

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Although the negotiation of the Kyoto Protocol focused world attention on the global climate, it was just one step in the ongoing process of addressing climate change in all its facets. Research by the UN's Intergovernmental Panel on Climate Change (IPCC) has been ongoing since 1988. An extensive IPCC Working Group report published in 1995 examined the economic and social aspects of climate change. In this volume, eminent analysts assess that IPCC report and address the questions that emerge from it. The result is an instructive and cogent look at the realities of climate change and some methods (and difficulties) of dealing with them. William Nordhaus's introduction establishes the context for the book. It provides basic scientific background on climate change, reviews the IPCC's activities, and explains the genesis of the analyses. Subsequent contributions fall into two categories. Early chapters review analytical issues critical to social and economic understanding of climate change. A second set of chapters address specific economic questions surrounding climate-change policy. The result is an original and significant contribution to the evolving debate on this crucial hot-button topic.


Selected Papers from 27th European Biomass Conference & Exhibition (EUBCE 2019)

Selected Papers from 27th European Biomass Conference & Exhibition (EUBCE 2019)

Author: David Baxter

Publisher: MDPI

Published: 2021-09-02

Total Pages: 264

ISBN-13: 303650804X

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This book draws together a small selection of full-length papers based on presentations given at the 27th European Biomass Conference and Exhibition held in Lisbon, Portugal in 2019. The topics covered, which reflect the breadth of the program of the EUBCE conference itself, include biomass sources, various aspects of technologies used for the conversion of biomass to bioproducts and bioenergy, as well as different approaches to assessing environmental impacts, which include case studies based on different technologies in use in a range of countries.