An edition of Climate economics (2014)

Climate economics

economic analysis of climate, climate change and climate policy

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May 27, 2022 | History
An edition of Climate economics (2014)

Climate economics

economic analysis of climate, climate change and climate policy

  • 0 Ratings
  • 2 Want to read
  • 0 Currently reading
  • 0 Have read

Topics discussed include the costs and benefits of adaptation and mitigation, discounting, uncertainty, policy instruments, and international agreements. Special features include: in-depth treatment of the economics of climate change; careful explanations of concepts and their application to climate policy; customizable integrated assessment model that illustrates all issues discussed; specific usage guidelines for each level of reader; companion website featuring data, extra reading, quizzes, videos and more. This book will be an essential text for students of varying levels in economics, climate change and environmental policy, and a resource for researchers and practitioners.

Publish Date
Publisher
Edward Elgar Pub
Language
English
Pages
198

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Previews available in: English

Edition Availability
Cover of: Climate economics
Climate economics: economic analysis of climate, climate change and climate policy
2014, Edward Elgar Pub
in English

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Book Details


Table of Contents

Preface
Introduction
1. The science of climate change
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Processes
Projections
Further reading
2. Emissions scenarios and options for emission reduction
Tweet book Sources of greenhouse gas emissions
Trends in carbon dioxide emissions
Scenarios of future emissions
Options for emission reduction
Further reading
Exercises
3. Abatement costs
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The costs of emission reduction
Negative abatement costs
Further reading
Exercises.
4. Policy instruments for emission reduction
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The justification of public policy
Direct regulation
Market-based instruments
Cost-effectiveness
Dynamic efficiency
Environmental effectiveness
Taxes versus tradable permits under uncertainty
Initial allocation of permits
Initial and final allocation of permits
International trade in emission permits
Technological change
Emissions trade in practice: The EU Emissions Trading System
Emissions trade in practice: The Clean Development Mechanism
Further reading
Exercises
5. Impacts and valuation
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Impacts of climate change
Purpose of valuation
Valuation methods: Revealed preferences
Valuation methods: Stated preferences
Issues for climate change: Benefit transfer
Issues for climate change: WTP versus WTAC
Further reading
Exercises.
6. Impacts of climate change
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Reasons for concern
Total economic impacts
Impacts and development
Marginal economic impacts
The growth rate of the marginal impact
Further reading
Exercises
7. Climade and development
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Growth models
Natural disasters
Poverty traps
Further reading
Exercises
8. Optimal climate policy
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The ultimate target
Benefit-cost analysis
Estimates of optimal emission reduction
Trade-offs between greenhouse gases
Further reading
Exercises.
9. Discounting, equity, uncertainty
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Time discounting: Derivation of the Ramsey rule
Time discounting
Declining discount rates
Axiomatic approaches to intertemporal welfare
Equity
Derivation of equity weights
Uncertainty
Ambiguity
Deep uncertainty
Implications for climate policy
The choice of parameters
Science and advocacy
Further reading
Exercises
10. Irreversibility and learning
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Introduction
A stylized example
Applications to climate change
Further reading
Exercises.
11. International environmental agreements
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Cooperative and non-cooperative abatement
Free-riding
Cartel formation
Multiple coalitions
International climate policy
Further reading
Exercises
12. Adaptation policy
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Adaptation versus mitigation
The governement's role in adaptation
Adaptation and development
How to adapt
Further reading
Exercises.
13. Building an integrated assessment model
Introduction
Carbon cycle and climate
Scenarios
Abatement
Tradable permits
Impacts of climate change
Social cost of carbon
Development
Optimal climate policy
Discounting and equity
Uncertainty
Non-cooperative climate policy
Adaptation policy
14. How to solve the climate problem?
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The problem
Costs and benefits of climate policy
Complications
The solution
Further reading
Index.

Edition Notes

Includes bibliographical references and index.

This text on the economics of climate change and climate policy can be used at three different levels - advanced undergraduate, post-graduate and doctoral. It covers the critical issues and clearly identifies the specific sections each level of reader should explore.

Classifications

Dewey Decimal Class
363.73874
Library of Congress
QC903 .T65 2014, QC903

The Physical Object

Pagination
ix, 198 pages
Number of pages
198

ID Numbers

Open Library
OL27184020M
Internet Archive
climateeconomics0000tolr
ISBN 10
1782545921, 1782545913
ISBN 13
9781782545927, 9781782545910
LCCN
2014938768
OCLC/WorldCat
891329147

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May 27, 2022 Edited by ImportBot import existing book
October 5, 2021 Edited by ImportBot import existing book
September 21, 2020 Edited by MARC Bot import existing book
July 18, 2019 Created by MARC Bot import new book