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The Cost of Slowing Climate Change: a Survey

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Author Info
William D. Nordhaus

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Abstract

Policies to deal effectively and efficiently with the threat of greenhouse warming must balance the costs of slowing climate change against the potential damages. This survey discusses one half of this question, the costs of slowing climate change by reducing greenhouse gas (GHG) emissions. The analysis provides estimates of the cost of reducing chlorofluorocarbon and CO2 emissions, and inquires into the costs of using forestry options to remove CO2 from the atmosphere. A promising new approach, the use ofgeoengineering, is discussed qualitatively.

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Publisher Info
Article provided by International Association for Energy Economics in its journal The Energy Journal.

Volume (Year): 12 (1991)
Issue (Month): Number 1 ()
Pages: 37-66
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Handle: RePEc:aen:journl:1991v12-01-a04

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F0 - International Economics - - General

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  3. Robert N. Stavins, 1998. "A Methodological Investigation of Cost of Carbon Sequestration," Journal of Applied Economics, Universidad del CEMA, vol. 0, pages 231-277, November. [Downloadable!]
  4. Shah, Anwar & Larsen, Bjorn, 1992. "Carbon taxes, the greenhouse effect, and developing countries," Policy Research Working Paper Series 957, The World Bank. [Downloadable!]
  5. A. Patt, 1997. "Economists and Ecologists: Different Frames of Reference for Global Climate Change," Working Papers ir97056, International Institute for Applied Systems Analysis. [Downloadable!]
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