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We provide a survey of the micro and macro economics of climate change from a complexity science perspective and we … have already produced valuable insights: (i) coalition formation and climate negotiations, (ii) macroeconomic impacts of … climate-related events, (iii) energy markets and (iv) diffusion of climate-friendly technologies. On each of these issues …
Persistent link: https://www.econbiz.de/10011509122
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This paper summarizes the economics of climate change. We first review the basics of climate science and the historical … evolution of greenhouse gas emissions. We then discuss the relation between climate change and economics and assess the economic … costs, direct and indirect, of climate change. These costs are uncertain and sensitive to the choice of discount rate, but …
Persistent link: https://www.econbiz.de/10013223377
. Climate protection is such a good and it faces a triple dilemma: the so-called Westphalian dilemma of sovereign nation states …, a weakest-link dilemma as the success of climate protection depends on all nation states and an inequality of … development dilemma concerning the costs of climate protection. ‘Climate clubs’ have been suggested to solve the free-rider issue …
Persistent link: https://www.econbiz.de/10014347077
Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem … climate change, including theoretical insights and empirical findings that offer guidance to policy makers. Section 1 frames … the climate change problem and indicates the ways that economic research can address it. Section 2 describes approaches to …
Persistent link: https://www.econbiz.de/10013249385
The paper develops the Basic Climate Economic (BCE) model featuring the core elements of climate economics and climate … policy. The BCE model incorporates fossil stock depletion, pollution stock accumulation, endogenous growth, and climate …-induced capital depreciation. We first use graphical analysis to show the effects of climate change and climate policy on economic …
Persistent link: https://www.econbiz.de/10011904761
Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem … climate change, including theoretical insights and empirical findings that offer guidance to policy makers. Section 1 frames … the climate change problem and identifies ways that economic research can address it. Section 2 describes approaches to …
Persistent link: https://www.econbiz.de/10014060539
Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem … climate change, including theoretical insights and empirical findings that offer guidance to policy makers. Section 1 frames … the climate change problem and indicates the ways that economic research can address it. Section 2 describes approaches to …
Persistent link: https://www.econbiz.de/10012466748