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The Cost of Slowing Climate Change: a Survey

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  • William D. Nordhaus

Abstract

Policies to deal effectively and efficiently with the threat of greenhouse wanning must balance the costs of slowing climate change against the potential damages. This survey discusses one half of this question, the costs of slowing climate change by reducing greenhouse gas (GHG) emissions. The analysis provides estimates of the cost of reducing chlorofluorocarbon and C02 emissions, and inquires into the costs of using forestry options to remove C02 front the atmosphere. A promising new approach, the use of geoengineering is discussed qualitatively.

Suggested Citation

  • William D. Nordhaus, 1991. "The Cost of Slowing Climate Change: a Survey," The Energy Journal, , vol. 12(1), pages 37-66, January.
    • Handle: RePEc:sae:enejou:v:12:y:1991:i:1:p:37-66
    DOI: 10.5547/ISSN0195-6574-EJ-Vol12-No1-4
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    References listed on IDEAS

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    1. Edmonds Jae & Reilly John, 1983. "Global Energy and C02 to the Year 2050," The Energy Journal, , vol. 4(3), pages 21-48, July.
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    Cited by:

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    2. Beaumais, Olivier & Schubert, Katheline, 1999. "La modélisation en équilibre général calculable," Économie rurale, French Society of Rural Economics (SFER Société Française d'Economie Rurale), vol. 251.
    3. Zhu, Rongqi & Wei, Yigang & Tan, Longyan, 2024. "Low-carbon technology adoption and diffusion with heterogeneity in the emissions trading scheme," Applied Energy, Elsevier, vol. 369(C).

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