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The Behavioral Economics Of Climate Change

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The Behavioral Economics of Climate Change

The Behavioral Economics of Climate Change Book
Author : S. Niggol Seo
Publisher : Academic Press
Release : 2017-07-03
ISBN : 012811875X
Language : En, Es, Fr & De

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Book Description :

The Behavioral Economics of Climate Change: Adaptation, Global Public Goods, Breakthrough Technologies, and Policy-Making shows readers how to understand mitigation strategies emerging from global warming policy discussions and the ways that changing climate conditions can alter these strategies. Through quantitative analyses, case studies and policy examples, this bottom-up approach to climate change economics gives readers the tools to create effective responses to global warming. This self-contained book on the topic covers key scientific and economic subjects in an applied, innovative and immediately relevant fashion. Unravels individual behaviors and national policies about global warming by evaluating their evolving motives and incentives Provides an economic analysis of the ways individuals makes decisions when faced with climate change Details a full range of alternative economic and policy responses, placing them in an integrated conceptual and policy framework

Micro Behavioral Economics of Global Warming

Micro Behavioral Economics of Global Warming Book
Author : S. Niggol Seo
Publisher : Springer
Release : 2015-03-30
ISBN : 3319159461
Language : En, Es, Fr & De

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Book Description :

This book presents a foundation for studying the micro-behavioral economics of global warming. The author develops an empirical model, named the Geographically-scaled Micro econometric model of Adapting Portfolios (G-MAP) in response to climatic changes and risks. The G-MAP model is applied to observed decisions of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The author describes the five applications of the model: the G-MAP animal species, the G-MAP agricultural systems, the G-MAP natural resource enterprises, the G-MAP climate risk, and the G-MAP public adaptations. The micro-behavioral economics of global warming and the G-MAP models are evaluated against the three alternative modeling traditions: The first is the Agro-Economic Models (AEM) based on crop simulations of selected crops under elevated CO2 conditions; The second is a family of econometric studies of grain yield changes caused by yearly weather fluctuations; The third is the Agro-Ecological Zone (AEZ) method hinged crucially on the AEZ classifications of ecosystems. The author offers a refreshing look at the traditional economics of global warming, unraveling a broad array of adaptation strategies adopted by managers of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The book demonstrates that the micro-behavioral economics dynamically integrates multiple disciplines in a cohesive way - including economics, psychology, climate science, ecosystem studies, agronomy and animal science - into the decision-making framework of an individual agent. The G-MAP models provide a guide map of adaptation strategies for the humanity’s enduring journey of battling global climatic changes in this century and beyond.

The Behavioural Economics of Climate Change

The Behavioural Economics of Climate Change Book
Author : Kjell Arne Brekke,Olof Johansson-Stenman,Handelshögskolan vid Göteborgs universitet. Institutionen för nationalekonomi med statistik
Publisher : Unknown
Release : 2008
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download The Behavioural Economics of Climate Change book written by Kjell Arne Brekke,Olof Johansson-Stenman,Handelshögskolan vid Göteborgs universitet. Institutionen för nationalekonomi med statistik, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

The Economics of Global Allocations of the Green Climate Fund

The Economics of Global Allocations of the Green Climate Fund Book
Author : S. Niggol Seo
Publisher : Springer
Release : 2019-06-04
ISBN : 3030182746
Language : En, Es, Fr & De

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Book Description :

This book provides an incisive and economic assessment of the global warming adaptation policy and programs carved out by the United Nations Framework Convention on Climate Change, the Green Climate Fund (GCF), by relying on the four scientific traditions that have been advanced on the economics of adaptation to climate change in agricultural and natural resource enterprises. Substantially expanding and refocusing on the book Micro-behavioral Economics of Global Warming: Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises published by Springer in 2015, this book elucidates the theories and summarizes the empirical results and predictions from the four traditions of adaptation modelling: a microbehavioral economic model of adaptation, an agronomic-economic modelling, a statistical model of yield/productivity changes, and an ecosystem model of climate change impacts. The four modeling traditions are freshly analyzed and applied to the assessments of the 93+ GCF-funded projects and programs through the end of 2018.

Behavioural Economics of Climate Change

Behavioural Economics of Climate Change Book
Author : Vladimir Udalov
Publisher : Springer
Release : 2019-03-05
ISBN : 9783030035310
Language : En, Es, Fr & De

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Book Description :

This book investigates various kinds of climate change mitigation behaviour, which range from a general support of environmental policy to concrete energy-saving activities, in selected countries. Drawing on extensive national and international survey data, the analysis has the following main objectives: to identify potential determinants of individuals’ renewable energy support, and to analyse the impact of experiences with natural disasters on individuals’ choice between economic growth and environmental protection. Moreover, it examines the role of environmental motivations behind direct daily energy-saving behaviour. The empirical results reveal that various types of climate change mitigation behaviour are not only driven by a mixture of environmental and non-environmental/economic motivations but also depend on external circumstances such as natural disasters. Since CO2 emission dynamics stem to some extent from the choices people make every day in their roles as consumers, investors and citizens, the new findings presented are also valuable from a policy perspective.

The Economics of Globally Shared and Public Goods

The Economics of Globally Shared and Public Goods Book
Author : S. Niggol Seo
Publisher : Academic Press
Release : 2020-07-02
ISBN : 0128198761
Language : En, Es, Fr & De

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Book Description :

The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes. Offers an encompassing description of the economics of global public goods Provides an ensemble of empirical analyses of behavioral complexities Defines a set of optimality conditions for a solution applicable to many problems

New Perspectives for Environmental Policies Through Behavioral Economics

New Perspectives for Environmental Policies Through Behavioral Economics Book
Author : Frank Beckenbach,Walter Kahlenborn
Publisher : Springer
Release : 2015-09-25
ISBN : 3319167936
Language : En, Es, Fr & De

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Book Description :

This book presents essential insights on environmental policy derived from behavioral economics. The authors demonstrate the potential of behavioral economics to drive environmental protection and to generate concrete proposals for the efficient design of policy instruments. Moreover, detailed recommendations on how to use “nudges” and related instruments to move industry and society toward a sustainable course are presented. This book addresses the needs of environmental economists, behavioral economists and environmental policymakers, as well as all readers interested in the intersection between behavioral economics and environmental policy.

How to Explain the Paris Negotiations Environmental Cooperation in the Light of Behavioral Economics

How to Explain the Paris Negotiations  Environmental Cooperation in the Light of Behavioral Economics Book
Author : Mareike L.
Publisher : GRIN Verlag
Release : 2018-10-09
ISBN : 3668813817
Language : En, Es, Fr & De

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Book Description :

Seminar paper from the year 2017 in the subject Economy - Environment economics, grade: 1,7, University of Porto (Faculdade de Economia), course: Environmental Economics and Sustainable Development, language: English, abstract: One of the biggest challenges of the globalized world is still the establishment and maintenance of international cooperation. The growing interdependency produced by cross-border externalities demand for joint actions in an anarchic world order. The United Nations (UN) or the international economic system, consisting of the World Bank, the International Monetary Funds (IMF) and the World Trade Organization (WTO), are some examples of mostly successful supranational forms of cooperation. What those institutions not include is the threat of climate change, which is today’s biggest challenge of international matter. With its Report “Limits to Growth” from the year 1972, The Club of Rome not only put the subject of climate change for the first time on the political and scientific agenda but also raised the public awareness of this problem. From this point on, ongoing efforts were made to commonly regulate emissions and control the sustainability of climate goods. Nevertheless, the first binding agreement on climate change, the Paris Agreement, entered into force 44 years after this report, on the 4th of November 2016. For some political and economic theorists this is no surprise. Following the assumptions of the economic game theory and global governance-approaches, non-cooperative behavior is the consequence of rational decision making. Basic dilemma situations depict the competition about non-excludable goods and foresee the challenges of global climate negotiations. The latest success on the Climate Conference in Paris challenges these assumptions and raises new questions about human cooperative behavior. While this matter has its origins in the neoclassical approach of game theory, behavioral economists started to examine the phenomenon and question the basic assumption of rational choice. “Homo oeconomicus is also a Homo socialis”. Aspects of both facets of human behavior shall be analyzed in this paper, in order to explain the mechanisms of cooperation on climate change. The existing literature focuses mostly on only one of these aspects which leads to an incomplete picture of the decision-making process.

Pollution How Influences Consumer Behavior

Pollution How Influences Consumer Behavior Book
Author : Johnny Ch Lok
Publisher : Unknown
Release : 2021-01-13
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

, climate change is an example of market failure. It is the worst market failure to influence any energy users' daily energy useful behaviors to be changed to less energy consumption behaviors. In a properly functioning market, the price of something goes up when its supply falls or demand for it rises, this is a key element of the invisible hand theory. So, when human feels that more waste to use energy, this waste energy useful behavior can bring environment pollution more seriously, then it will bring the energy demand is reduced and it will influence energy price goes down because demand is less and supply will also need to reduce as the same time in economic view point. However, because until very recently there was no price put on either fresh air or pollution how have relationship to influence energy price variable to less in energy consumption market. But, the actual implied cost of pollution is very high, if pollution caused more desertification and higher sea levels, any lays waste to towns and cities, it will come at a great price variable influence to energy consumption market. But, it is only since scientists realized the potential of climate change for environment pollution influence to prove that they have possible relationship to waste energy useful effect. In theory, the price of combating climate change ought to be what people are willing to pay in order to ensure that they and their children have clean air and water in the future. So, environment protection people will reduce to waste to use energy to avoid this issue occurrence.How and why behavioral economics can predict consumers' daily behaviors change. Experience shows that people are by no means consistently rational. Such as one smoker will reduce to smoke suddenly, the reasons may include health factor, air pollution factor, cigarettes price increasing factor, income reducing factor, living habit changing factor, family and friend bad relationship factor to influence whose smoking behavior. So, their emotion will be influenced to be poor and it can bring the smokers' smoking behavior changes to be influenced to less smoking. It is good example to make them act irrationally.Behavioral economic investigates why and how people act irrationally. It is among the newest and most fascinating are as of academic study, combining economics and psychology and it is an understanding develops as to how the mind and the brain work, so behavioral economists are providing greater insight into what really drives people to act.I shall explain economists can apply behavioral and environmental economic to predict energy consumers' behavioral changing as below:

Farmer Behaviour Agricultural Management and Climate Change

Farmer Behaviour  Agricultural Management and Climate Change Book
Author : OECD
Publisher : OECD Publishing
Release : 2012-03-05
ISBN : 926416765X
Language : En, Es, Fr & De

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Book Description :

This study examines the broad range of factors driving farm management decisions that can improve the environment, including drawing on the experiences of OECD countries.

Behavioral Economy

Behavioral Economy Book
Author : Johnny Ch Lok
Publisher : Unknown
Release : 2020-04-15
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

climate change brings Inflation challengeAlso, inflation will increase as production is cut to be fall down, due to shortage of labor supply challenge brings any manufacturing product supply number is also decreased. Particularly real incomes and spending in the worse climate changing countries. Thus, inflation is likely to rise over time, driven by rising food prices and an increase in the cost of energy. Although, the climate of some countries is predicted to become more accommodative to agricultural yields in the medium term, but the long-run implications of rising temperature are likely to reduce global crop yields overall. Also, costs are also likely to increase through higher insurance changes. But premiums in climate risk areas are increased, feeding into higher costs for businesses and homeowners. From this perspective, the cost of climate changes are already affecting global activity.1.1Scientists' opinions of quantifying the impact on activitySome scientists gave opinions to indicate that how climate damage functions of quantifying the impact on activity. They showed to value the future loss in economic output attributable to climate change produces a range of estimates which vary according to views about whether a fipping point is reached between 2 to 4 degree warming. In a worst cause scenario, global warming could be seen to reduce annual GDP growth by over 1 % between the present day and 2080 year. They also predicted developing countries are set to absorb much of the losses caused by climate change. relying more heavily on climate sensitive sectors, such as agriculture and tourism and having naturally warmer climates, they will experience the most adverse effects an activity.Assessing the impact of climate change is at least, an extremely complex challenge with uncertainty about both the degree of future global warming and the subsequent impact on global activity. There are clearly some benefits as well as costs as the planet warms. There is also the unknown of how technological progree will respond and potentially alter the path of global warming. However, increasingly awareness of the issue means there is a growing demand for a view shareholders who are either concerned about how the companies they own impact the environment, worried aout the effect of climate change and people immigrate to better climate countries to work and live.1.2How Global warming influences economic growthHowever, global warming will primarily influence economic growth through damage to property, last productivity, mass migration and security threats. For New York, examples of the economic damage, such extreme weather events can cause such as: rising sea levels will also likely harm economic outputs as businesses become losses. Climate change is likely reduce the capital stock and productivity in the world economy. If we assume less capital stock is available, due to the damage inflicted from climate change. We would see a fall in the productive capacity of the world economy. This would translate into a downward shift in the world production function as each unit of labour produces less output. Lower labour productivity may not just occur, due to a lower level of capital stock. However, higher global temperatures may affect food security, promote the spread of infections diseases. Such those migration and global warming factors are likely to cause greater incapacity and social population uneven distribution and as a result will reduce both the affect( productivity) and the amount of labour available to produce output.

Climate Change and Psychological Adaption

Climate Change and Psychological Adaption Book
Author : Thomas Aronsson,Ronnie Schöb
Publisher : Unknown
Release : 2014
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Climate Change and Psychological Adaption book written by Thomas Aronsson,Ronnie Schöb, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

What We Think About When We Try Not To Think About Global Warming

What We Think About When We Try Not To Think About Global Warming Book
Author : Per Espen Stoknes
Publisher : Chelsea Green Publishing
Release : 2015-03-11
ISBN : 1603585834
Language : En, Es, Fr & De

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Book Description :

Today, about 98 percent of scientists affirm that climate change is human made, and about 2 percent still question it. Despite that overwhelming majority, though, about half the population of rich countries, like ours, choose to believe the 2 percent. And, paradoxically, this large camp of deniers grows even larger as more and more alarming proof of climate change has cropped up over the last decades. This disconnect has both climate scientists and activists scratching their heads, growing anxious, and responding, usually, by repeating more facts to "win" the argument. But, the more climate facts pile up, the greater the resistance to them grows, and the harder it becomes to enact measures to reduce greenhouse gas emissions and prepare communities for the inevitable change ahead. Is humanity up to the task? It is a catch-22 that starts, says psychologist and climate expert Per Espen Stoknes, from an inadequate understanding of the way most humans think, act, and live in the world around them. With dozens of examples, he shows how to retell the story of climate change and apply communication strategies more fit for the task.

Climate Change and Discounting

Climate Change and Discounting Book
Author : Nihar Kaushik Shah
Publisher : Unknown
Release : 2008
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Climate Change and Discounting book written by Nihar Kaushik Shah, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Understanding and Governing Sustainable Tourism Mobility

Understanding and Governing Sustainable Tourism Mobility Book
Author : Scott A. Cohen,James E.S. Higham,Gossling Stefan,Paul Peeters
Publisher : Routledge
Release : 2014-03-26
ISBN : 1135038317
Language : En, Es, Fr & De

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Book Description :

Despite a growing contribution to climate change, tourist and traveller behaviour is currently not acknowledged as an important sector within the development of climate policy. Whilst tourists may be increasingly aware of potential impacts on climate change there is evidence that most are unwilling to modify their actual behaviours. Influencing individual behaviour in tourism and informing effective governance is therefore an essential part of climate change mitigation. This significant volume is the first to explore the psychological and social factors that may contribute to and inhibit sustainable change in the context of tourist and traveller behaviour. It draws on a range of disciplines to offer a critical review of the psychological understandings and behavioural aspects of climate change and tourism mobilities, in addition to governance and policies based upon psychological, behavioural and social mechanisms. It therefore provides a more informed understanding of how technology, infrastructure and cost distribution can be developed in order to reach stronger mitigation goals whilst ensuring that resistance from consumers for socio-psychological reasons are minimized. Written by leading academics from a range of disciplinary backgrounds and regions this ground breaking volume is essential reading for all those interested in the effective governance of tourism’s contribution to climate change now and in the future.

Aiding Decision Making to Reduce the Impacts of Climate Change

Aiding Decision Making to Reduce the Impacts of Climate Change Book
Author : Howard Kunreuther,Elke U. Weber,National Bureau of Economic Research
Publisher : Unknown
Release : 2014
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Utilizing theory and empirical insights from psychology and behavioral economics, this paper examines individuals' cognitive and motivational barriers to adopting climate change adaptation and mitigation measures that increase consumer welfare. We explore various strategies that take into account the simplified decision-making processes used by individuals and resulting biases. We make these points by working through two examples: (1) investments in energy efficiency products and new technology and (2) adaptation measures to reduce property damage from future floods and hurricanes. In both cases there is a reluctance to undertake these measures due to high and certain upfront costs, delayed and probabilistic benefits and behavioral biases related to this asymmetry. The use of choice architecture through framing and the use of default options coupled with short-term incentives and long-term contracts can encourage greater investment in these measures.

Environmental Economics and Sustainability

Environmental Economics and Sustainability Book
Author : Brian Chi-ang Lin,Siqi Zheng
Publisher : John Wiley & Sons
Release : 2017-04-24
ISBN : 1119328209
Language : En, Es, Fr & De

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Book Description :

3. The Use of Economic Incentives -- 4. The Incorporation of Behavioural Instruments into Practice -- 5. Conclusion -- Acknowledgements -- Notes -- References -- 8: ECONOMIC EVOLUTION IN CHINA'S ECOLOGICALLY FRAGILE REGIONS -- 1. Introduction -- 2. Background Information -- 3. Geographical Conditions -- 4. Method and Data Statistics -- 5. Research Findings -- 6. Discussions and Conclusions -- Acknowledgements -- References -- 9: GLOBALIZATION AND CLIMATE CHANGE: NEW EMPIRICAL PANEL DATA EVIDENCE -- 1. Introduction -- 2. Literature Review and Analytical Framework -- 3. Empirical Strategy -- 4. Empirical Results -- 5. Conclusion -- Acknowledgements -- Notes -- References -- 10: A SURVEY OF THE LITERATURE ON ENVIRONMENTAL INNOVATION BASED ON MAIN PATH ANALYSIS -- 1. Introduction -- 2. Knowledge Advances Related to EI -- 3. Determinants of EI -- 4. Economic Effects of EI -- 5. Environmental Effects of EI -- 6. Policy Inducement Mechanism -- 7. Discussion, Further Developments and Conclusions -- Acknowledgements -- Notes -- References -- 11: ECONOMIC TARGETS AND LOSS-AVERSION IN INTERNATIONAL ENVIRONMENTAL COOPERATION -- 1. Introduction -- 2. Literature Review -- 3 The Model -- 4. Static Game -- 5. Dynamic Game -- 6. Extensions -- 7. Conclusion -- Acknowledgement -- Notes -- References -- 12: COOPERATIVE GAME THEORY APPLIED TO IEAS: A COMPARISON OF SOLUTION CONCEPTS -- 1. Introduction -- 2. Cooperative versus Non-Cooperative Approach -- 3. Solution Concepts -- 4. A Rawlsian Solution Concept Bounded by Individual Rationality -- 5. A Numerical Comparison of Solution Concepts -- 6. Conclusions -- Notes -- References -- INDEX -- EULA

Understanding the Human Factor of the Energy Transition Mechanisms Underlying Energy Relevant Decisions and Behaviors

Understanding the Human Factor of the Energy Transition  Mechanisms Underlying Energy Relevant Decisions and Behaviors Book
Author : Tobias Brosch,David Sander,Martin K. Patel
Publisher : Frontiers Media SA
Release : 2016-06-27
ISBN : 2889198804
Language : En, Es, Fr & De

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Book Description :

An increasing number of countries are shifting toward sustainable energy economies, emphasizing the use of renewable energy sources, increases in energy efficiency and the abatement of greenhouse gas emissions. The success of such an energy transition will depend not only on the development of new energy technologies, but also on major changes in the patterns of individual energy-related decisions and behaviors resulting in substantial reductions in energy demand. Consequently, the behavioral sciences can make important contributions to the energy transition by increasing our understanding of the multiple factors and mechanisms that underlie individual as well as group-based decisions and behaviors in the energy domain and by creating a basis for systematic interventions that reduce energy usage. Many different types of relevant behaviors and decisions need to be considered in this context, including decisions to invest in energy-efficient household equipment, adjustments of energy-critical habits related to heating, eating, or mode of transportation, and participation in the political discourse related to questions of energy. An integration of the expertise of the different disciplines of the behavioral sciences is thus needed to comprehensively investigate the impact of the different drivers and barriers that may determine energy-related decisions and behaviors, including economic factors such as price level, social factors such as norms, communication patterns and social learning processes, and individual factors such as values, attitudes, beliefs, heuristics, affective biases and emotions. The potential impact of these factors on the success of the energy transition is considerable: for example, a recent projection of the energy demand in Switzerland until 2050 has estimated the reduction potential related to psychological and sociological factors between 0% and 30%, depending on which behavioral changes will be implemented in society. Increased research efforts from the behavioral sciences are required to ensure that the full reduction potential can be achieved. This Research Topic brings together contributions from different disciplines such as psychology, affective science, behavioral economics, economics, sociology, consumer behavior, business science, sociology, and political science, that improve our understanding of the many factors underlying decision-making and behavior in the energy domain, and contribute to the development of targeted interventions that aim at reducing energy demand based on these factors.

Climate Change and Economics

Climate Change and Economics Book
Author : S. Niggol Seo
Publisher : Springer Nature
Release : 2021-07-25
ISBN : 3030666808
Language : En, Es, Fr & De

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Book Description :

Download Climate Change and Economics book written by S. Niggol Seo, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

The Economics of Climate Change and the Change of Climate in Economics

The Economics of Climate Change and the Change of Climate in Economics Book
Author : Kevin Maréchal
Publisher : Routledge
Release : 2013-05-02
ISBN : 1136305084
Language : En, Es, Fr & De

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Book Description :

Climate change is without question the single most important issue the world faces over the next hundred years. The most recent scientific data have led to the conclusion that the globally averaged net effect of human activities since 1750 has been one of warming and that continued greenhouse gas emissions at or above current rates would cause this process to continue to the severe detriment of our environment. This unequivocal link between climate change and human activity requires an urgent, world-wide shift towards a low carbon economy and coordinated policies and measures to manage this transition. The starting point and core idea of this book is the long-held observation that the threat of climate change calls for a change of climate in economics. Inherent characteristics of the climate problem including complexity, irreversibility and deep uncertainty challenge core economic assumptions and mainstream economic theory appears inappropriately equipped to deal with this crucial issue. Kevin Maréchal shows how themes and approaches from evolutionary and ecological economics can be united to provide a theoretical framework that is better suited to tackle the problem.