Frank Ackerman, Elizabeth A. Stanton

Climate Change and Global Equity (eBook, PDF)

• Format: PDF

Produktbeschreibung

Ambitious measures to reduce carbon emissions are all too rare in reality, impeded by economic and political concerns rather than technological advances. In this collection of essays, Frank Ackerman and Elizabeth A. Stanton show that the impact of inaction on climate change will be far worse than the cost of ambitious climate policies.

After setting out the basic principles which must shape contemporary climate economics, Ackerman and Stanton consider common flaws in climate change policy - from mistaken assumptions that dismiss the welfare of future generations and anticipate little or no growth in low-income countries, to unrealistic projections of climate damages that dismiss catastrophic risks - and offer their own insightful remedies. They question the usefulness of conventional integrated assessment models (IAMs) that model the long-term interaction between economic growth and climate change, and propose an alternative in their Climate and Regional Economics and Development (CRED) model.

In this incisive work, Stanton and Ackerman offer a timely and original contribution to the fields of climate economics and global equity.

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Produktdetails

• Verlag: Anthem Press
• Seitenzahl: 220
• Erscheinungstermin: 1. Juni 2014
• Englisch
• ISBN-13: 9781783080243
• Artikelnr.: 44471967

Autorenporträt

Frank Ackerman is a senior economist at Synapse Energy Economics and lecturer at Massachusetts Institute of Technology, and has written numerous books and articles on the economics of climate change, energy and environmental policy.

Elizabeth A. Stanton is a senior economist at Synapse Energy Economics and has written widely on the economics of equity and environment, climate change, energy efficiency and renewable energy.

Inhaltsangabe

Introduction
Publication History
PART I: PERSPECTIVES ON CLIMATE AND EQUITY
Chapter 1. Climate Economics in Four Easy Pieces
Chapter 2. Carbon Markets Are Not Enough
Chapter 3. Modelling Pessimism: Does Climate Stabilization Require a Failure of Development?
Chapter 4. The Tragedy of Maldistribution: Climate, Sustainability, and Equity
PART II: ANALYSES OF CLIMATE DAMAGES
Chapter 5. Climate Impacts on Agriculture: A Challenge to Complacency?
Chapter 6. Did the Stern Review Underestimate U.S. and Global Climate Change?
Chapter 7. Can Climate Change Save Lives? A Comment on "Economy-Wide Estimates of the Implications of Climate Change: Human Health"
PART III: THEORY AND METHODS OF INTEGRATED ASSESSMENT
Chapter 8. Inside the Integrated Assessment Models: Four Issues in Climate Economics
Chapter 9. Limitations of Integrated Assessment Models of Climate Change
Chapter 10. Negishi Welfare Weights in Integrated Assessment Models: The Mathematics of Global Inequality
PART IV: APPLICATIONS OF INTEGRATED ASSESSMENT MODELS
Chapter 11. Climate Risks and Carbon Prices: Revising the Social Cost of Carbon
Chapter 12. Epstein-Zin utility in DICE: Is Risk Aversion Irrelevant to Climate Policy?
Chapter 13. Fat Tails, Exponents, Extreme Uncertainty: Simulating Catastrophe in DICE
Chapter 14. Climate Damages in the FUND Model: A Disaggregated Analysis
Chapter 15. Climate Policy and Development: An Economic Analysis
Appendix: Supplementary Data for Chapter 3
Notes
References