The Economics of Global Warmaing: A Critical Assessment
Global warming is expected to increase global mean temperature by 1.5 degree to 4.5 degrees sometime between 2030 et 2010, resulting in changes in the patterns of precipitation, a rise in the sea level, increased natural hazards, and other significant impacts. In this paper, I discuss the major neoclassical studies which provide economic valuations of the damages from global warming and estimations of the costs of the policy to control it.
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