Economic Choices in a Warming World

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Economic Choices in a Warming World

By Christian de Perthuis

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Since the publication of the Stern Review, economists have started to ask more normative questions about climate change. Should we act now or tomorrow? What is the best theoretical carbon price to reach long-term abatement targets? How do we discount the long-term costs and benefits of climate change? This provocative book argues that these are the wrong sorts of questions to ask because they don't take into account the policies that have already been implemented. Instead, it urges us to concentrate on existing policies and tools by showing how the development of carbon markets could dramatically reduce world greenhouse gas (GHG) emissions, triggering policies to build a new low-carbon energy system while restructuring the way agriculture interacts with forests. This provides an innovative perspective on how a post-Kyoto international climate regime could emerge from agreements between the main GHG emitters capping their emissions and building an international carbon market.

Subject: Business & Economics -> Economics -> Environmental/Natural Resources

Economic Choices in a Warming World
1st edition
Publisher: Cambridge University Press 3/10/11
Imprint: Cambridge University Press
Language: English

ISBN 10: 1139209574
ISBN 13: 9781139209571
Print ISBN: 9781107002562

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