1st Edition

Valuing Climate Change The Economics of the Greenhouse

By Samuel Fankhauser Copyright 1995
194 Pages
by Routledge

194 Pages
by Routledge

194 Pages
by Routledge

Within only a few years, global warming has emerged from scientific speculation into an environmental threat of worldwide concern. Yet the scientific community remains uncertain as to the long-term trends and effects of climate change, and this uncertainty has been seized on as justification for inaction by an international community reluctant to bear the costs of policies to reduce greenhouse gas... Read more
PART 1: INTRODUCTION AND OVERVIEWEconomics and Climate ChangePART 2: THE ECONOMIC COSTS OF GLOBAL WARMINGOverview: Global Warming DamageThe Economic Costs of CO2 Concentration DoublingThe Marginal Social Costs per Unit EmittedThe Costs of Adaptation: The Case of Sea Level RisePART 3: GLOBAL WARMING POLICYThe Costs of Greenhouse Gas AbatementPolicy Instruments and Carbon TaxDiscountingThe Optimal Policy Response to Global WarmingInternational CooperationConclusions: Open Questions and State of the Art

Biography

Samuel Fankhauser