Climate Change and Common Sense: Essays in Honour of Tom Schelling
There is widespread agreement that climate change is a serious problem. If we fail to regulate greenhouse gases that contribute to global warming, or use alternative strategies for addressing the problem, the damages could be significant, and perhaps catastrophic. After several international meetings in which nation-states have tried unsuccessfully to address the climate change problem, there is a sense of frustration and urgency: frustration at the slow pace at which countries are moving toward an international agreement to reduce greenhouse gas emissions; urgency because of the growing evidence that climate change is a serious problem that should be addressed globally and quickly. This book takes a close look at the fundamental political and economic processes driving climate change policy. It identifies institutional arrangements and policies that are needed to design more effective climate change policy. It also examines ethical and distributional arguments that are critical in understanding and framing the climate debate. The book is built around a conference honouring Tom Schelling that took place at the Sustainable Consumption Institute at The University of Manchester. Each chapter represents a significant contribution to the literature on the political economy of climate change.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
abatement adaptation agreement analysis approach assume Barrett beneﬁts billion cap-and-trade carbon emissions carbon tax cent climate change climate policy coalition conﬂict consumption cooperation damage deﬁned developing countries difﬁcult discount rate Economics economy-wide efﬁcient emission reduction emitters energy Environmental environmental agreements equation equilibrium ethical ﬁgure ﬁnd ﬁrst fuel GEMs Global Warming green paradox greenhouse gas greenhouse gas emissions impacts implies incentives income elasticity increase inequality aversion inﬁnite innovation intergenerational intergenerational equity investment Journal Kyoto Kyoto Protocol marginal market-based misspeciﬁcation mitigation Montreal Protocol MPCR Nash equilibrium negotiations non-cooperative Nordhaus optimal optimum period pollution poor power sector problem proﬁts programme R&D ﬁrm R8<D ﬁrm rank-discounted utilitarian reason reducing emissions reﬂect regions resource resource rent revenue-recycling effect robust control scenario Schelling Section signiﬁcant social speciﬁc Stern Review strategy sufﬁciently tax rate tax-interaction effect temperature theory tion trade treaty uncertainty utilitarianism well-being