The book synthesizes the key insights that emerge from the latest research in climate-change economics in an accessible and useful guide for policy makers and researchers. Contributors consider a wide range of issues, including the economic implications and realities of shifting away from fossil fuels, the role of financial markets in incentivizing development and construction of sustainable infrastructure, the challenges of evaluating the well-being of future generations, the risk associated with uncertainty surrounding the pace of climate change, and how to make climate agreements enforceable. They demonstrate the need for a carbon tax, considering the issues of efficiently pricing carbon as well as the role of supply-side policies on fossil fuels. Through a range of perspectives from academic economists and practitioners in the public and private sectors who work either at the country level or under the auspices of multilateral organizations, Coping with the Climate Crisis outlines what it will take to achieve a viable, global climate-stabilization path.
Publisher: Columbia University Press
Number of pages: 232
Dimensions: 229 x 152 mm
Whether you believe in the science or not or care about future generations or not, climate change is already affecting your welfare. Coping with the Climate Crisis demonstrates that the world is moving rapidly from identifying climate-change problems to implementing solutions. The authors articulate how our economies must evolve and our institutions strengthen in resolve and focus. A must-read for all consumers, investors, businesses, and policy makers globally--skeptical or otherwise.--Adrian Orr, governor, Reserve Bank of New Zealand, and CEO, New Zealand Superannuation Fund
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