Contents: Introduction -- section I: The political economy of climate change and climate policy -- 1. Distributional issues in climate policy: Air quality co-benefits and carbon rent / James K. Boyce -- 2. Evaluating policies to implement the Paris Agreement: A toolkit with application to China...

This is the first book combining research on the Global Environment, Catastrophic Risks and Economic Theory and Policy. Modern economic theory originated in the middle of the twentieth century when industrial expansion coupled with population growth led to a voracious use of natural resources...

This volume provides a rigorous and analytical perspective on the pressing issue of making economic progress consistent with environmental conservation. It proposes formal definitions of sustainability, embeds them in dynamic models and models of uncertainty, and explores the concepts and their...