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Economics of Global Warming, The

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  • William R. Cline

    (Peterson Institute for International Economics)

Abstract

This award-winning study examines the costs and benefits of an aggressive program of global action to limit greenhouse warming. An initial chapter summarizes the scientific issues from the standpoint of an economist. The analysis places heavy emphasis on effects over a long run of 200 to 300 years, with much greater warming damages than those associated with the conventional benchmark. * Estimates are presented for economic damages, ranging from agricultural losses and sea level rise to loss of forests, water scarcity, electricity requirements for air conditioning, and several other major effects. The study concludes with a cost- benefit estimate for international action and a discussion of policy measures to mobilize the global response. * Selected by Choice for its 1993 "Outstanding Academic Books" list and winner of the Harold and Margaret Sprout prize for the best book on international environmental affairs, awarded by the International Studies Association.

Suggested Citation

  • William R. Cline, 1992. "Economics of Global Warming, The," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 39, October.
    • Handle: RePEc:iie:ppress:39
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