Economics and Policy Issues in Climate Change

Economics and Policy Issues in Climate Change

by William D. Nordhaus
     
 

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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…  See more details below

Overview

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.

Editorial Reviews

Booknews
Eight contributions by economists review sections of the 1995 report by the UN Intergovernmental Panel on Climate Change and address issues raised. Most of the contributions are followed by commentary by the author's peers, some of whom were authors on the original IPCC report. Topics include equity and discounting in climate-change decisions, applicability of cost benefit analysis, the costs of greenhouse abatement and carbon emissions reductions, and integrated assessment modeling of climate change. Annotation c. by Book News, Inc., Portland, Or.

Product Details

ISBN-13:
9781135892852
Publisher:
Taylor & Francis
Publication date:
11/26/2013
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
336
File size:
2 MB

Meet the Author

William D. Nordhaus is the A. Whitney Griswold Professor of Economics at Yale University. He is a recognized authority on climate change: among his books are Managing the Global Commons and The Swedish Nuclear Dilemma: Energy and the Environment (RFF, 1997). He is coauthor (with Paul Samuelson) of Economics, now in its sixteenth edition.

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