Economics and the challenge of global warming:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge [u.a.]
Cambridge Univ. Press
2011
|
| Ausgabe: | 1. publ. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XI, 231 S. |
| ISBN: | 9781107649071 9781107011519 |
Internformat
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Datensatz im Suchindex
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| adam_text | Titel: Economics and the challenge of global warming
Autor: Pearson, Charles S.
Jahr: 2011
Contents
Acknowledgments page xi
Introduction and a Road Map 1
Scope and Focus 1
Motivation and Audience 4
Structure 5
1. Climate Change: Background Information 9
The Science 9
The International Policy Response 14
2. The Role of Benefit Cost in Climate Policy 19
Background 20
Inability to Make Secure Inter-Generational Transfers 21
Willingness and Ability to Pay 23
Risk and Uncertainty 25
Catastrophe 31
Sustainability 34
Alternatives: Tolerable Windows, Safe Minimum Standards,
Precautionary Approach, and the 2°C Target 37
Summary 39
3. Discounting and Social Weighting (Aggregating
over Time and Space) 43
Introduction 43
Discounting 44
Descriptive versus Prescriptive Approaches 45
The Ramsey Equation 48
Rho, the Pure Time Preference Parameter 49
Adjusting for Consumption Growth 52
Deconstructing Eta 53
Estimating Eta 57
Taking Stock 59
Unsnarling the Discount Rate Tangle 60
Richer Models 60
Recalculating Damages 60
Declining Discount Rates 61
Social (Equity) Weighting: Aggregating over Space 63
Concepts 63
In Practice 66
Complications 66
Conclusions 69
4. Empirical Estimates: A Tasting Menu 73
Integrated Assessment Models 73
Damage Functions: The Weakest Link? 76
An Uncertain Bottom Line 78
Generating the Numbers 79
The Art of Shadow Pricing 79
Agriculture 81
Sea-Level Rise 83
Adaptation Costs 86
Counting (on) Trees: Slowing Deforestation 91
Conclusion 95
5. Strategic Responses 97
The Development Option 97
Adaptation versus Mitigation 99
Supply, Demand, and the Green Paradox 106
Technology 111
Is Technology Policy Needed? 112
Mitigation-Technology Connections 114
Empirical Studies 115
Geo-Engineering 117
Conclusions 119
6. Targets and Tools 124
Absolute versus Intensity Targets 124
Certainty of GDP Growth 125
Uncertain GDP Growth 126
Choices 128
The Toolbox 129
Market Incentives versus Regulation 131
Emission Taxes versus Cap-and-Trade 133
International Aspects of Taxes and Cap-and-Trade 137
Subsidies: The Other Market-Incentive Tool 138
Summary 140
7. Trade and Global Warming 143
The Impact of Trade on Global Warming 144
Analytical Approaches 144
Additional Connections Linking Trade to
Global Warming 147
The Impact of Global Warming and Global Warming
Policy on Trade 149
Carbon Leakage: Concepts 149
Carbon Leakage: Estimates and Policy Response 151
Border Tax Adjustments 153
Border Adjustments: Legal Aspects 157
Food Miles, Carbon Labeling, and Other Trade Issues 158
Carbon Embodied in Trade 160
Global Warming Policy and the Dutch Disease 164
Manipulating Permit Markets 167
Conclusions 168
8. The Challenge of International Cooperation 171
Introduction 171
Concepts: Public Goods, Public Bads 172
Supplying Global Public Goods 176
An Ecological Surplus 176
Self-Enforcing IE As 179
Carrots and the Search for Cooperation 182
Three IE A Simulations 183
The Dual Role of Transfers 189
Stepping Back 192
Sticks 194
The Need for Cooperation 196
Cost Considerations 197
A Shrinking Target Space 200
Conclusions 202
9. Beyond Kyoto 206
From Kyoto to Bali to Copenhagen 206
From Copenhagen Forward 208
Cancan 211
In the Aftermath: The CDM and Sector Agreements 211
Adaptation Funding 214
A Limited-Ambition Agenda 215
Using Price Signals 215
Linking Cap-and-Trade Arrangements 216
A Spontaneous Emissions Reduction Credit Market? 218
Technology Policy 219
10. ASumming-Up 222
Conclusions 222
Prospects for Atmospheric Economics 225
Prospects for Climate Policy 226
Index 227
|
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| spellingShingle | Pearson, Charles S. 1937- Economics and the challenge of global warming Klimaänderung (DE-588)4164199-1 gnd Klimaschutz (DE-588)7547705-1 gnd Umweltökonomie (DE-588)4061638-1 gnd |
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| title | Economics and the challenge of global warming |
| title_auth | Economics and the challenge of global warming |
| title_exact_search | Economics and the challenge of global warming |
| title_full | Economics and the challenge of global warming Charles S. Pearson |
| title_fullStr | Economics and the challenge of global warming Charles S. Pearson |
| title_full_unstemmed | Economics and the challenge of global warming Charles S. Pearson |
| title_short | Economics and the challenge of global warming |
| title_sort | economics and the challenge of global warming |
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