Climate economics : economic analysis of climate, climate change and climate policy / Richard S. J. Tol.

By:

Tol, Richard S. J, 1969- [author.]

Material type: Text

TextPublication details: Cheltenham, U.K : Edward elgar , 2014.Description: ix, 198 p. : illustrations, graphs ; 25 cmISBN:

9781782545927 (pbk.)
9781782545910 (hbk.)

Subject(s):

DDC classification:

363.73874 TOL 23 005933

Contents:

Preface -- Introduction -- 1. The science of climate change -- Tweet book -- Processes -- Projections -- Further reading -- 2. Emissions scenarios and options for emission reduction -- Tweet book Sources of greenhouse gas emissions --Trends in carbon dioxide emissions -- Scenarios of future emissions -- Options for emission reduction -- Further reading -- Exercises -- 3. Abatement costs -- Tweet book -- The costs of emission reduction -- Negative abatement costs -- Further reading -- Exercises. 4. Policy instruments for emission reduction -- Tweet book -- The justification of public policy -- Direct regulation -- Market-based instruments -- Cost-effectiveness -- Dynamic efficiency -- Environmental effectiveness -- Taxes versus tradable permits under uncertainty -- Initial allocation of permits -- Initial and final allocation of permits -- International trade in emission permits -- Technological change -- Emissions trade in practice: The EU Emissions Trading System -- Emissions trade in practice: The Clean Development Mechanism -- Further reading -- Exercises -- 5. Impacts and valuation -- Tweet book -- Impacts of climate change -- Purpose of valuation -- Valuation methods: Revealed preferences --Valuation methods: Stated preferences -- Issues for climate change: Benefit transfer -- Issues for climate change: WTP versus WTAC -- Further reading -- Exercises. 6. Impacts of climate change -- Tweet book -- Reasons for concern -- Total economic impacts -- Impacts and development -- Marginal economic impacts -- The growth rate of the marginal impact -- Further reading -- Exercises -- 7. Climade and development -- Tweet book -- Growth models -- Natural disasters -- Poverty traps -- Further reading -- Exercises -- 8. Optimal climate policy -- Tweet book -- The ultimate target -- Benefit-cost analysis -- Estimates of optimal emission reduction -- Trade-offs between greenhouse gases -- Further reading -- Exercises. 9. Discounting, equity, uncertainty -- Tweet book -- Time discounting: Derivation of the Ramsey rule -- Time discounting -- Declining discount rates -- Axiomatic approaches to intertemporal welfare -- Equity -- Derivation of equity weights -- Uncertainty -- Ambiguity -- Deep uncertainty -- Implications for climate policy -- The choice of parameters -- Science and advocacy -- Further reading -- Exercises -- 10. Irreversibility and learning -- Tweet book -- Introduction -- A stylized example -- Applications to climate change -- Further reading -- Exercises. 11. International environmental agreements -- Tweet book -- Cooperative and non-cooperative abatement -- Free-riding -- Cartel formation -- Multiple coalitions -- International climate policy -- Further reading -- Exercises -- 12. Adaptation policy -- Tweet book -- Adaptation versus mitigation -- The governement's role in adaptation -- Adaptation and development -- How to adapt -- Further reading -- Exercises. 13. Building an integrated assessment model -- Introduction -- Carbon cycle and climate -- Scenarios -- Abatement -- Tradable permits -- Impacts of climate change -- Social cost of carbon -- Development -- Optimal climate policy -- Discounting and equity -- Uncertainty -- Non-cooperative climate policy -- Adaptation policy -- 14. How to solve the climate problem? -- Tweet book -- The problem -- Costs and benefits of climate policy -- Complications -- The solution -- Further reading -- Index.

Summary: This text on the economics of climate change and climate policy can be used at three different levels - advanced undergraduate, post-graduate and doctoral. It covers the critical issues and clearly identifies the specific sections each level of reader should explore.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode
Book	Indian Institute for Human Settlements, Bangalore	363.73874 TOL 005933 (Browse shelf(Opens below))	Available		005933

Includes bibliographical references and index.

Preface --
Introduction --
1. The science of climate change --
Tweet book --
Processes --
Projections --
Further reading --
2. Emissions scenarios and options for emission reduction --
Tweet book Sources of greenhouse gas emissions --Trends in carbon dioxide emissions --
Scenarios of future emissions --
Options for emission reduction --
Further reading --
Exercises --
3. Abatement costs --
Tweet book --
The costs of emission reduction --
Negative abatement costs --
Further reading --
Exercises. 4. Policy instruments for emission reduction --
Tweet book --
The justification of public policy --
Direct regulation --
Market-based instruments --
Cost-effectiveness --
Dynamic efficiency --
Environmental effectiveness --
Taxes versus tradable permits under uncertainty --
Initial allocation of permits --
Initial and final allocation of permits --
International trade in emission permits --
Technological change --
Emissions trade in practice: The EU Emissions Trading System --
Emissions trade in practice: The Clean Development Mechanism --
Further reading --
Exercises --
5. Impacts and valuation --
Tweet book --
Impacts of climate change --
Purpose of valuation --
Valuation methods: Revealed preferences --Valuation methods: Stated preferences --
Issues for climate change: Benefit transfer --
Issues for climate change: WTP versus WTAC --
Further reading --
Exercises. 6. Impacts of climate change --
Tweet book --
Reasons for concern --
Total economic impacts --
Impacts and development --
Marginal economic impacts --
The growth rate of the marginal impact --
Further reading --
Exercises --
7. Climade and development --
Tweet book --
Growth models --
Natural disasters --
Poverty traps --
Further reading --
Exercises --
8. Optimal climate policy --
Tweet book --
The ultimate target --
Benefit-cost analysis --
Estimates of optimal emission reduction --
Trade-offs between greenhouse gases --
Further reading --
Exercises. 9. Discounting, equity, uncertainty --
Tweet book --
Time discounting: Derivation of the Ramsey rule --
Time discounting --
Declining discount rates --
Axiomatic approaches to intertemporal welfare --
Equity --
Derivation of equity weights --
Uncertainty --
Ambiguity --
Deep uncertainty --
Implications for climate policy --
The choice of parameters --
Science and advocacy --
Further reading --
Exercises --
10. Irreversibility and learning --
Tweet book --
Introduction --
A stylized example --
Applications to climate change --
Further reading --
Exercises. 11. International environmental agreements --
Tweet book --
Cooperative and non-cooperative abatement --
Free-riding --
Cartel formation --
Multiple coalitions --
International climate policy --
Further reading --
Exercises --
12. Adaptation policy --
Tweet book --
Adaptation versus mitigation --
The governement's role in adaptation --
Adaptation and development --
How to adapt --
Further reading --
Exercises. 13. Building an integrated assessment model --
Introduction --
Carbon cycle and climate --
Scenarios --
Abatement --
Tradable permits --
Impacts of climate change --
Social cost of carbon --
Development --
Optimal climate policy --
Discounting and equity --
Uncertainty --
Non-cooperative climate policy --
Adaptation policy --
14. How to solve the climate problem? --
Tweet book --
The problem --
Costs and benefits of climate policy --
Complications --
The solution --
Further reading --
Index.

This text on the economics of climate change and climate policy can be used at three different levels - advanced undergraduate, post-graduate and doctoral. It covers the critical issues and clearly identifies the specific sections each level of reader should explore.

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