Climate economics: economic analysis of climate, climate change and climate policy
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cheltenham (UK) ; Northampton, MA (USA)
Edward Elgar Publishing
[2019]
|
| Edition: | Second edition |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | xx, 234 Seiten Diagramme, Karten |
| ISBN: | 9781786435095 9781786435071 |
Staff View
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| 245 | 1 | 0 | |a Climate economics |b economic analysis of climate, climate change and climate policy |c Richard S.J. Tol |
| 250 | |a Second edition | ||
| 264 | 1 | |a Cheltenham (UK) ; Northampton, MA (USA) |b Edward Elgar Publishing |c [2019] | |
| 300 | |a xx, 234 Seiten |b Diagramme, Karten | ||
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Contents
List of Figures ix
List of Tables xiii
List of Boxes xv
Preface xvii
Introduction xix
1 The science of climate change 1
1.1 Processes**. 2
1.2 Projections**. 7
2 Emissions scenarios and options for emission reduction 15
2.1 Sources of greenhouse gas emissions**.16
2.2 Trends in carbon dioxide emissions**.18
2.3 Scenarios of future emissions**.19
2.4 Options for emission reduction**.21
2.5 Beyond the Kaya Identity***.26
3 Abatement costs 31
3.1 The costs of emission reduction**.32
3.2 Negative emissions**.39
3.3 Negative abatement costs**.42
4 Policy instruments for emission reduction 49
4.1 The justification of public policy*.50
4.2 Direct regulation* .51
4.3 Market-based instruments* .52
4.4 Cost-effectiveness*. 53
4.5 Second-best regulation***.55
4.5.1 The cost of suboptimal regulation .56
4.5.2 The Pigou tax under monopoly.56
4.6 Dynamic efficiency**** .58
4.6.1 Emission reduction as a resource problem.58
4.6.2 Emission reduction as an efficiency problem.59
4.6.3 Emission reduction as a cost-effectiveness problem.60
v
VI
CLIMATE ECONOMICS
4.6.4 Summary.61
4.7 Environmental effectiveness* .61
4.8 Taxes versus tradable permits under uncertainty**.61
4.9 Initial allocation of permits**.64
4.10 Initial and final allocation of permits*.65
4.11 International trade in emission permits***.71
4.12 Technological change**.73
5 Impacts and valuation 77
5.1 Impacts of climate change**.78
5.2 Purpose of valuation*.82
5.3 Valuation methods: Revealed preferences*.83
5.4 Valuation methods: Stated preferences*.84
5.5 Issues for climate change** .85
5.5.1 Benefit transfer.85
5.5.2 WTP versus WTAC**.86
6 Impacts of climate change 91
6.1 Reasons for concern**. 92
6.2 Total economic impacts**.93
6.2.1 Methods. 93
6.2.2 Weather and climate.94
6.2.3 Results .95
6.3 Impacts and development**.98
6.4 Marginal economic impacts**.101
6.5 The growth rate of the marginal impact***.103
7 Climate and development 107
7.1 Introduction.107
7.2 Exponential growth**.108
7.2.1 Empirical evidence.109
7.3 Poverty traps**.109
7.3.1 Empirical evidence.112
7.4 Natural disasters***.112
7.4.1 Empirical evidence.114
8 Adaptation policy 117
8.1 Adaptation versus mitigation**. 118
8.2 The government’s role in adaptation**.118
8.3 Adaptation and development**.120
8.4 How to adapt**.121
9 Optimal climate policy 125
9.1 The ultimate target**.126
9.2 Benefit-cost analysis*.130
9.2.1 Application to climate change. 133
9.3 Estimates of optimal emission reduction**.133
9.4 Secondary benefits***. 135
9.5 Trade-offs between greenhouse gases****.138
CONTENTS
Vll
10 Discounting 143
10.1 Introduction.144
10.2 The Ramsey rule**.144
10.3 Derivation of the Ramsey rule***.145
10.4 Declining discount rates***.146
10.5 The Gollier-Ramsey rule****.147
10.6 Axiomatic approaches to intertemporal welfare****.148
10.7 Measuring time preferences***.149
10.7.1 Preliminaries.149
10.7.2 Natural experiments.150
10.7.3 Controlled experiments .150
10.8 The choice of parameters**. 151
11 Uncertainty 155
11.1 Uncertainty**.156
11.2 The risk premium**.157
11.3 Ambiguity****.158
11.4 Deep uncertainty***.159
11.5 Irreversibility and learning***.161
11.5.1 Introduction .161
11.5.2 A stylized example.162
11.5.3 Applications to climate change.165
11.6 Measuring risk preferences***.167
11.6.1 Preliminaries.167
11.6.2 Natural experiments.168
11.6.3 Controlled experiments .169
12 Equity 173
12.1 Equity**.173
12.2 Derivation of equity weights***.175
12.3 Measuring equity preferences***.176
12.3.1 Preliminaries.176
12.3.2 Natural experiments.178
12.3.3 Controlled experiments .181
12.4 Implications for climate policy**. 182
12.5 Advice and advocacy****. 184
13 International environmental agreements 187
13.1 Cooperative and non-cooperative abatement** .188
13.2 Free-riding**.189
13.3 Cartel formation**.191
13.4 Multiple coalitions****.194
13.5 International climate policy**.196
14 Building an integrated assessment model 205
14.1 Carbon cycle and climate.205
14.1.1 Carbon cycle module.205
14.1.2 Climate module*.•.206
14.1.3 Exercises.207
14.2 Scenarios .208
CLIMATE ECONOMICS
Vlll
14.2.1 Emissions module.208
14.2.2 Growth module* .209
14.2.3 Coupling .210
14.2.4 Exercise.210
14.3 Abatement .210
14.3.1 Exercises.211
14.4 Tradable permits.211
14.4.1 Exercises . 212
14.5 Impacts of climate change.213
14.5.1 Impact module.213
14.5.2 Growth module*.213
14.5.3 Exercises.213
14.6 Social cost of carbon. 214
14.6.1 Some practical advice.214
14.6.2 Discount factors.215
14.6.3 Exercises.216
14.7 Development.216
14.7.1 Exercises.217
14.8 Adaptation policy . 217
14.8.1 Exercises .217
14.9 Optimal climate policy.218
14.9.1 Welfare component.218
14.9.2 Preparing the model.218
14.9.3 Exercises. 219
14.10Discounting and equity.219
14.10.1 Exercises.219
14.1lUncertainty. 220
14.11.1 Exercise. 220
14.11.2 Parametric uncertainty .220
14.11.3 Exercise. 221
14.11.4 Learning*.221
14.11.5 Exercise.221
14.11.6 Monte Carlo analysis**. 221
14.12Non-cooperative climate policy.224
14.12.1 Exercises. 224
15 How to solve the climate problem? 225
15.1 The problem. 226
15.2 Costs and benefits of climate policy.226
15.3 Complications. 227
15.4 The solution. 230
Index
233 |
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| id | DE-604.BV045468176 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-20T06:26:39Z |
| institution | BVB |
| isbn | 9781786435095 9781786435071 |
| language | English |
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| publishDate | 2019 |
| publishDateSearch | 2019 |
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| publisher | Edward Elgar Publishing |
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| spelling | Tol, Richard S. J. 1969- Verfasser (DE-588)171413784 aut Climate economics economic analysis of climate, climate change and climate policy Richard S.J. Tol Second edition Cheltenham (UK) ; Northampton, MA (USA) Edward Elgar Publishing [2019] xx, 234 Seiten Diagramme, Karten txt rdacontent n rdamedia nc rdacarrier Klimaänderung (DE-588)4164199-1 gnd rswk-swf Umweltveränderung (DE-588)4304982-5 gnd rswk-swf Umweltökonomie (DE-588)4061638-1 gnd rswk-swf Klimaänderung (DE-588)4164199-1 s Umweltveränderung (DE-588)4304982-5 s Umweltökonomie (DE-588)4061638-1 s DE-604 Erscheint auch als Online-Ausgabe 978-1-78643-508-8 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030853338&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Tol, Richard S. J. 1969- Climate economics economic analysis of climate, climate change and climate policy Klimaänderung (DE-588)4164199-1 gnd Umweltveränderung (DE-588)4304982-5 gnd Umweltökonomie (DE-588)4061638-1 gnd |
| subject_GND | (DE-588)4164199-1 (DE-588)4304982-5 (DE-588)4061638-1 |
| title | Climate economics economic analysis of climate, climate change and climate policy |
| title_auth | Climate economics economic analysis of climate, climate change and climate policy |
| title_exact_search | Climate economics economic analysis of climate, climate change and climate policy |
| title_full | Climate economics economic analysis of climate, climate change and climate policy Richard S.J. Tol |
| title_fullStr | Climate economics economic analysis of climate, climate change and climate policy Richard S.J. Tol |
| title_full_unstemmed | Climate economics economic analysis of climate, climate change and climate policy Richard S.J. Tol |
| title_short | Climate economics |
| title_sort | climate economics economic analysis of climate climate change and climate policy |
| title_sub | economic analysis of climate, climate change and climate policy |
| topic | Klimaänderung (DE-588)4164199-1 gnd Umweltveränderung (DE-588)4304982-5 gnd Umweltökonomie (DE-588)4061638-1 gnd |
| topic_facet | Klimaänderung Umweltveränderung Umweltökonomie |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030853338&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT tolrichardsj climateeconomicseconomicanalysisofclimateclimatechangeandclimatepolicy |