Description
Book SynopsisThis thoroughly revised third edition offers comprehensive coverage of the economics of climate change and climate policy, and is a suitable guide for advanced undergraduate, postgraduate, and doctoral students. Topics discussed include the costs and benefits of adaptation and mitigation, discounting, uncertainty, equity, policy instruments, the second best, and international agreements.
Key features:
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- In-depth treatment of the economics of climate change
- Careful explanation of concepts and their application to climate policy
- Customizable integrated assessment model that illustrates all issues discussed
- Specific usage guidelines for each level of reader
- Companion website with data, quizzes, videos, and further reading
- Discussion of the latest developments in theory and policy
- Greater attention to policy and market imperfections than in the second edition.
This book is an essential text for students in economics, climate change, and environmental policy, an excellent resource for researchers and practitioners, and a key text to support professors in their teaching.
Trade Review‘Richard Tol is not only a leading researcher but also a gifted educator. His textbook Climate Economics
has established itself as the leading textbook for undergraduate and postgraduate students. It provides the reader with a thorough grounding in the economics of climate change written in an accessible style.’ -- David Maddison, University of Birmingham, UK
‘This book is both a comprehensive course and a reference to the all-important economics of climate change. It does for climate economics what Julia Child did for French Cooking: make it accessible to the serious student.’ -- Maximilian Auffhammer, University of California, Berkeley, US
‘Richard S.J. Tol has written a must-read book for anyone caring about the sustainable development of this planet. This book is a delightful guide full of important information for those of us who want to dedicate ourselves to climate economics, so that human society can develop in an environmentally friendly manner.’ -- Lin Bo Qiang, Xiamen University, China
