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The ABCs of Global Warming

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Author Info
Robert Shelburne () (United Nations Economic Commission for Europe)

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Abstract

This essay provides a broad methodological framework for thinking about what is needed policy-wise for addressing climate change due to increased carbon emissions. Climate change will require mankind to decide whether it is best to adapt to higher temperatures or attempt to mitigate the increase by drastically reducing emissions of carbon dioxide into the atmosphere. The optimal choice is to minimize the sum of the adaptation and mitigation costs; it is argued that much more needs to be done to reduce carbon emissions and thus the focus should be on mitigation activities. This, however, will require a considerable amount of technological advancement and the creation of a global institutional mechanism to manage the process; an attempt is made to explain what is going to be required regarding both of these.

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File URL: http://www.unece.org/oes/nutshell/2009/2_GlobalWarming.pdf
File Format: application/pdf
File Function: First version, 2009
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Publisher Info
Paper provided by UNECE in its series UNECE Annual Report Economic Essays with number 2009_2.

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Length: 12 pages
Date of creation: Jan 2009
Date of revision:
Publication status: Published in United Nations ECE 2009 Annual Report
Handle: RePEc:ece:annrep:2009_2

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Related research
Keywords: Climate change; global warming;

Find related papers by JEL classification:
Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Costs; Distributional Effects; Employment Effects
Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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This page was last updated on 2009-11-25.

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