Description
Book SynopsisThis timely Handbook recognizes the emergence of climate change as the defining topic of our time. With public climate discourse growing more urgent every year, this Handbook brings together international experts from different economic disciplines to answer critical climate policy questions.
Chapters present key ideas and policies to support and accelerate advances in three key areas: the political economy of climate change and climate policy, integrated assessment modelling, and economic and resource sustainability. Contributors discuss the distributional implications of climate change and how policymakers may respond in order to contribute to economic transformation in the midst of a global crisis.
With reference to both theoretical and applied economics, this Handbook is critical reading for economists working in the field of climate policy and climate change. It will also appeal to a broader group of environmental scientists and scholars.
Contributors include: L.M. Abadie, G.B. Asheim, J.K. Boyce, W.A. Brock, M. Budolfson, G. Chichilnisky, N. Chichilnisky-Heal, F. Dennig, J. Doyne Farmer, D.K. Foley, I. Galarraga, R. Hahnel, J. Hartwick, G. Heal, C. Hepburn, C. Hope, D. Iris, A. Markandya, P. Mealy, T. Mitra, T. Narasimhan, F. Nesje, I. Parry, A. Rezai, E. Sainz de Murieta, N. Schofield, B. Shang, A. Tavoni, L. Taylor, R. van der Ploeg, N. Vernon, P. Wingender, C. Withagen, A. Xepapadeas
Trade Review'More fruitful interaction between economists and political scientists studying possible policy responses to climate change is long overdue. With this volume of 18 essays, co-editors Chichilnisky and Rezai, along with 32 other distinguished writers, do much to facilitate invaluable progress toward a virtuous circle of mutually reinforcing economic and political analyses.' --Peter J. Hammond, University of Warwick, UK
Table of ContentsContents: Introduction Section I: The Political Economy of Climate Change and Climate Policy 1. Distributional Issues in Climate Policy: Air Quality Co-benefits and Carbon Rent James K. Boyce 2. Evaluating Policies to Implement the Paris Agreement: A Toolkit with Application to China Ian Parry, Baoping Shang, Nate Vernon, Philippe Windeger and Tarun Narasimhan 3. Bargaining to Lose: A Permeability Approach to Post-Transition Resource Extraction Natasha Chichilnisky-Heal 4. Host-MNC Relations in Resource-Rich Countries Natasha Chichilnisky-Heal and Geoffrey M. Heal 5. Bargaining to Lose the Global Commons Natasha Chichilnisky-Heal and Graciela Chichilnisky Section II: Integrated Assessment Modelling 6.Integrated Assessment Models of climate change Chris Hope 7. Climate Change Policy under Spatial Heat Transport and Polar Amplification William Brock and Anastasios Xepapadeas 8. Progressive adaptation strategies in European coastal cities: a response to flood-risk under uncertainty Luis M. Abadie, Elisa Sainz de Murieta, Ibon Galarraga and Anil Markandya 9. Economic Growth and the Social Cost of Carbon: Additive versus Multiplicative Damages Armon Rezai, Frederick van der Ploeg and Cees Withagen 10. Optimal Global Climate Policy and Regional Carbon Prices Mark Budolfson and Francis Dennig 11. Tipping and Reference Points in Climate Change Games Alessandro Tavoni and Doruk Iris Section III: Climate Change and Sustainability 12. Climate Change, Malthus and Collapse Norman Schofield 13. Greenhouse Gas and Cyclical Growth Lance Taylor and Duncan Foley 14. Growth and Sustainability Robin Hahnel 15. Intergenerational altruism: A solution to the climate problem? Frikk Nesje and Geir Asheim 16. On Intertemporal Equity and Efficiency in a Model of Global Warming John Hartwick and Tapan Mitra 17. Transformational change: Parallels for addressing climate and development goals Penny Mealy and Cameron Hepburn 18. Less precision, more truth: Uncertainty in climate economics and macroprudential policy Cameron Hepburn and J. Doyne Farmer Index
