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The Economics of Climate Change

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  • Goulder, Lawrence H.
  • Pizer, William A.

    (Resources for the Future)

Abstract

Global climate change poses a threat to the well-being of humans and other living things through impacts on ecosystem functioning, biodiversity, capital productivity, and human health. Climate change economics attends to this issue by offering theoretical insights and empirical findings relevant to the design of policies to reduce, avoid, or adapt to climate change. This economic analysis has yielded new estimates of mitigation benefits, improved understanding of costs in the presence of various market distortions or imperfections, better tools for making policy choices under uncertainty, and alternate mechanisms for allowing flexibility in policy responses. These contributions have influenced the formulation and implementation of a range of climate change policies at the domestic and international levels.

Suggested Citation

  • Goulder, Lawrence H. & Pizer, William A., 2006. "The Economics of Climate Change," Discussion Papers dp-06-06, Resources For the Future.
  • Handle: RePEc:rff:dpaper:dp-06-06
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Omar Chisari, 2010. "Notes on Optimal Growth, Climate Change Calamities, Adaptation and Mitigation," Research Department Publications 4685, Inter-American Development Bank, Research Department.
    2. Xiao Chen & Alan Woodland, 2013. "International trade and climate change," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 20(3), pages 381-413, June.
    3. Gersbach, Hans & Winkler, Ralph, 2007. "On the Design of Global Refunding and Climate Change," CEPR Discussion Papers 6379, C.E.P.R. Discussion Papers.
    4. Kocur-Bera, Katarzyna, 2018. "A safe space of rural areas in the context of the occurrence of extreme weather events—A case study covering a part of the Euroregion Baltic," Land Use Policy, Elsevier, vol. 71(C), pages 518-529.
    5. Frankel, Jeffrey, 2007. "Formulas for Quantitative Emission Targets," Working Paper Series rwp07-011, Harvard University, John F. Kennedy School of Government.
    6. Adel Ben Youssef & Mohamed Arouri & Cuong Viet Nguyen, 2017. "Is Internal Migration A Way to Cope With Climate Change? Evidence From Egypt," Working Papers 1099, Economic Research Forum, revised 05 2017.
    7. Hans Gersbach, 2007. "The Global Refunding System and Climate Change," CER-ETH Economics working paper series 07/62, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    8. Gersbach Hans, 2012. "Contractual Democracy," Review of Law & Economics, De Gruyter, vol. 8(3), pages 823-851, December.
    9. Pindilli, Emily & Sleeter, Rachel & Hogan, Dianna, 2018. "Estimating the Societal Benefits of Carbon Dioxide Sequestration Through Peatland Restoration," Ecological Economics, Elsevier, vol. 154(C), pages 145-155.

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    More about this item

    Keywords

    climate change; global warming; energy;
    All these keywords.

    JEL classification:

    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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