Advanced Search
MyIDEAS: Login

Figuring the costs of climate change: an assessment and critique

Contents:

Author Info

  • D Demeritt
  • D Rothman
Registered author(s):

    Abstract

    In this paper we examine the evidence for the IPCC (IntergovernmentalPanel on Climate Change) estimate that the costs of global climate changewill be on the order of 1.5 - 2.0% of world gross domestic product (GDP). Although this estimate is widely andauthoritatively repeated, it rests on a handful of preliminary studies, chiefly of the United States and performed by a select group ofeconomists. We examine the methods and assumptions of these studies andconsider the social and political commitments built into their analyticaltechniques. We conclude that the prevailing methods of economic damageassessment and valuation provide a highly conservative estimate of thepotential costs and risks of future climate change. We suggest that theIPCC scientific assessment process has been organized in such a way asto foreclose public debate about the moral and political judgments builtinto the technical details of its reports.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.envplan.com/abstract.cgi?id=a310389
    File Function: abstract
    Download Restriction: Fulltext access restricted to subscribers, see http://www.envplan.co.uk/A.html for details

    File URL: http://www.envplan.com/epa/fulltext/a31/a310389.pdf
    File Function: main text
    Download Restriction: Fulltext access restricted to subscribers, see http://www.envplan.co.uk/A.html for details

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Bibliographic Info

    Article provided by Pion Ltd, London in its journal Environment and Planning A.

    Volume (Year): 31 (1999)
    Issue (Month): 3 (March)
    Pages: 389-408

    as in new window
    Handle: RePEc:pio:envira:v:31:y:1999:i:3:p:389-408

    Contact details of provider:
    Web page: http://www.pion.co.uk

    Related research

    Keywords:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Larson, Donald F. & Ambrosi, Philippe & Dinar, Ariel & Rahman, Shaikh Mahfuzur & Entler, Rebecca, 2008. "Carbon markets, institutions, policies, and research," Policy Research Working Paper Series 4761, The World Bank.
    2. Creedy, J. & Wurzbacher, A.D., 2000. "The Economic Value of a Forested Catchment with Timber, Water and Carbon Sequestration Benefits," Department of Economics - Working Papers Series 753, The University of Melbourne.
    3. Jeroen C.J.M. van den Bergh, 2004. "Evolutionary Analysis of the Relationship between Economic Growth, Environmental Quality and Resource Scarcity," Tinbergen Institute Discussion Papers 04-048/3, Tinbergen Institute.
    4. Jeroen C.J.M. van den Bergh, 2004. "Evolutionary Analysis of the Relationship between Economic Growth, Environmental Quality and Resource Scarcity," Tinbergen Institute Discussion Papers 04-048/3, Tinbergen Institute.
    5. van den Bergh, Jeroen C. J. M., 2004. "Optimal climate policy is a utopia: from quantitative to qualitative cost-benefit analysis," Ecological Economics, Elsevier, vol. 48(4), pages 385-393, April.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:pio:envira:v:31:y:1999:i:3:p:389-408. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Neil Hammond).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.