Economic Doctrines and Approaches to Climate Change Policy
AbstractIn climate change, as in all policy issues, economic philosophy has a significant influence on how people view both the problems and the solutions. For the first time, ITIF surveys four dominant schools of economic thought and analyzes how adherents approach policy options for climate change and energy policy. With climate change and major energy legislation stalled, maybe it is time to put aside fixed philosophical notions and take a practical look on ways to address climate change in an economically feasible way. The report reviews the principles and goals of each economic doctrine, and offers a critique of the advantages and limitations of each doctrine's contribution to addressing the challenge of climate change.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 29718.
Date of creation: Oct 2010
Date of revision:
Innovation; Economics; Climate Change; Public Policy;
Find related papers by JEL classification:
- B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
- A10 - General Economics and Teaching - - General Economics - - - General
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-03-26 (All new papers)
- NEP-ENE-2011-03-26 (Energy Economics)
- NEP-ENV-2011-03-26 (Environmental Economics)
- NEP-HME-2011-03-26 (Heterodox Microeconomics)
- NEP-HPE-2011-03-26 (History & Philosophy of Economics)
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