The Economics of Climate Change and the Change of Climate in Economics  book cover
1st Edition

The Economics of Climate Change and the Change of Climate in Economics

ISBN 9781138798878
Published May 15, 2014 by Routledge
208 Pages 6 B/W Illustrations

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Book Description

Climate change is without question the single most important issue the world faces over the next hundred years. The most recent scientific data have led to the conclusion that the globally averaged net effect of human activities since 1750 has been one of warming and that continued greenhouse gas emissions at or above current rates would cause this process to continue to the severe detriment of our environment. This unequivocal link between climate change and human activity requires an urgent, world-wide shift towards a low carbon economy and coordinated policies and measures to manage this transition.

The starting point and core idea of this book is the long-held observation that the
threat of climate change calls for a change of climate in economics. Inherent characteristics of the climate problem including complexity, irreversibility and deep uncertainty challenge core economic assumptions and mainstream economic theory appears inappropriately equipped to deal with this crucial issue.

Kevin Maréchal shows how themes and approaches from evolutionary and ecological economics can be united to provide a theoretical framework that is better suited to tackle the problem.

Table of Contents

Introduction  1. The Economics of Climate Change and the Change of Climate in Economics  2. An Evolutionary Perspective on the Economics of Energy Consumption  3. Changing Habits and Routines in Energy Consumption  4. Not Irrational but Habitual  5. Overcoming Inertia  6. The Sustainability of EU Agricultural Systems  7. Concluding Chapter

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Kevin Maréchal is an Associate Professor and co-director of the Center for Economic and Social Studies on the Environment (CEESE-ULB) at the Free University of Brussels (ULB), Belgium. 

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  • FreeBook

    Why not download our Routledge FreeBook Environmental and Ecological Economics? This resource contains a chapter from The Economics of Climate Change and the Change of Climate in Economics, along with along with a selection of excerpts from our other titles in this field.

    Click here for more information, and to access this FreeBook.