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The Economics of Climate Change

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Abstract

In light of the urgency presented by global warming, this policy note makes a case for ambitious mitigation policies aimed at reducing carbon emission. Various mitigation policies are discussed with respect to their economic costs and efficiency in global warming reduction; policy implications are derived.

Suggested Citation

  • Christian Schoder & Willi Semmler, 2009. "The Economics of Climate Change," SCEPA policy note series. 2009-01, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    • Handle: RePEc:epa:cepapn:2009_01
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    File URL: https://www.economicpolicyresearch.org/images/docs/research/globalization_trade/semmler_PN_2010_2.pdf
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    References listed on IDEAS

    as
    1. Edward Nell, Willi Semmler, Armon Rezai, 2009. "WP 2009-4 Economic Growth and Climate Change: Cap-And-Trade or Emission Tax?," SCEPA working paper series. 2009-4, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    2. David Popp, 2010. "Innovation and Climate Policy," NBER Working Papers 15673, National Bureau of Economic Research, Inc.
    3. David Popp, 2010. "Innovation and Climate Policy," Annual Review of Resource Economics, Annual Reviews, vol. 2(1), pages 275-298, October.
    4. Uzawa,Hirofumi, 2009. "Economic Theory and Global Warming," Cambridge Books, Cambridge University Press, number 9780521066594.
    5. Nathaniel O. Keohane, 2009. "Cap and Trade, Rehabilitated: Using Tradable Permits to Control U.S. Greenhouse Gases," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 3(1), pages 42-62, Winter.
    6. Keller, Klaus & Bolker, Benjamin M. & Bradford, D.F.David F., 2004. "Uncertain climate thresholds and optimal economic growth," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 723-741, July.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Martín, Ramón & Gomes, Charmaine & Alleyne, Dillon & Phillips, Willard, 2013. "An assessment of the economic and social impacts of climate change on the energy sector in the Caribbean," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38280, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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    More about this item

    Keywords

    Climate Change; Environment; Mitigation; Carbon;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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