The Economics of Global WarmingExamines the costs and benefits of an agressive programme of global action to limit green house warming. It summarizes the scientific issues from the standpoint of an economist and places emphasis on effects over 200 to 300 years. Estimates are also presented for economic damamges. |
Contents
The Scientific Framework and VeryLongTerm Warming | 4 |
The Scientic Basis for the Greenhouse Effect | 11 |
Fossil Fuel Supply | 45 |
Copyright | |
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Common terms and phrases
20 percent abatement action afforestation agricultural alternative amount analysis approach atmospheric average backstop baseline benchmark benefit-cost ratio benefits billion calculations capita income carbon dioxide carbon emissions carbon reduction carbon sequestration carbon tax carbon-dioxide-equivalent CFCS chapter climate sensitivity CO₂ coal consumption cost curve damage deforestation developing countries discount rate discussed economic cost efficiency elasticity environmental equation forest forestry fossil fuel function future global warming greenhouse effect greenhouse gases growth GtC annually hectare higher horizon impact imply increase industrial countries initial investment IPCC ISBN paper long-term loss Lovins lower Manne and Richels Manne-Richels marginal utility measures Nordhaus output parameter percent of GDP percentage cutback population price of capital production projections radiative forcing range rate of return relatively scenario sequestration shadow price share social rate SRTP temperature tons of carbon United very-long-term warming zero