Climate Economics, 1st Edition

  • Published By:
  • ISBN-10: 1135074054
  • ISBN-13: 9781135074050
  • DDC: 363.738
  • Grade Level Range: College Freshman - College Senior
  • 200 Pages | eBook
  • Original Copyright 2013 | Published/Released February 2016
  • This publication's content originally published in print form: 2013

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This book reviews the state of the art in climate economics, and in the science on which it rests. It covers the estimation of climate damages, an area where economic models lag far behind current empirical research. Recent work on uncertainty and catastrophic risk has challenged past approaches to climate policy, offering new decision rules for extreme uncertainty, and alternative weightings of worst-case scenarios. Longstanding debates on discount rates and intergenerational obligations have been transformed by perspectives from finance, ethics, and other fields. The applied policy debate rests on surprisingly subtle assumptions about mitigation costs and technologies, and on the largely unexplored economics of adaptation.

Table of Contents

Front Cover.
Other Frontmatter.
Other Frontmatter.
Title Page.
Copyright Page.
The Science of Climate Change.
1: Climate Science for Economists.
Climate Damages.
2: Damage Functions and Climate Impacts.
3: Climate Change Impacts on Natural Systems.
4: Climate Change Impacts on Human Systems.
Economic Theories and Models.
5: Climate Economics Before and After the Stern Review.
6: Uncertainty.
7: Public Goods and Public Policy.
Mitigation and Adaptation.
8: Economics and the Climate Policy Debate.
9: Technologies for Mitigation.
10: Economics of Mitigation.
11: Adaptation.