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Climate Change - Predictions, Economic Consequences, and the Relevance of Environmental Kuznets Curves

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  • Tisdell, Clement A.

Abstract

Summarises some of the predicted natural consequences of increasing concentrations of greenhouse gases in the atmosphere. Changes in temperature, climates, physical and chemical impacts on the biosphere as well as biodiversity loss are considered. Then some of the expected social and economic consequences of global warming are discussed. Subjects considered are the impacts of global warming on bio-industries and social conditions, the economic costs of greenhouse gas emissions and the effects of climate change. Attention subsequently turns to the environmental Kuznets curve and the inappropriate use of the relationship. For example, it is stressed that reducing the intensity of greenhouse gas emissions in relation to GDP does not necessarily reduce total greenhouse gas emissions. Furthermore, even if they are reduced, greenhouse gases can continue to accumulate in the atmosphere. Some suggestions are then made about how the global warming problem might be addressed.

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Bibliographic Info

Paper provided by University of Queensland, School of Economics in its series Economics, Ecology and Environment Working Papers with number 140867.

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Date of creation: Dec 2012
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Handle: RePEc:ags:uqseee:140867

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Keywords: adaptation to global warming; biodiversity loss; bio-industries; climate change; economics costs of global warming; environmental Kuznets curve; global warming.; Environmental Economics and Policy; Q01; Q54; Q57;

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  1. Tisdell, Clem, 2001. "Globalisation and sustainability: environmental Kuznets curve and the WTO," Ecological Economics, Elsevier, vol. 39(2), pages 185-196, November.
  2. Selden Thomas M. & Song Daqing, 1994. "Environmental Quality and Development: Is There a Kuznets Curve for Air Pollution Emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 27(2), pages 147-162, September.
  3. Ariel Ortiz-Bobea & Richard E. Just, 2013. "Modeling the Structure of Adaptation in Climate Change Impact Assessment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(2), pages 244-251.
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