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Economic Choices in a Warming World (Hardcover, English)
Loot Price: R1,686
Discovery Miles 16 860
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Economic Choices in a Warming World (Hardcover, English)
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Since the publication of the Stern Review, economists have started
to ask more normative questions about climate change. Should we act
now or tomorrow? What is the best theoretical carbon price to reach
long-term abatement targets? How do we discount the long-term costs
and benefits of climate change? This provocative book argues that
these are the wrong sorts of questions to ask because they don't
take into account the policies that have already been implemented.
Instead, it urges us to concentrate on existing policies and tools
by showing how the development of carbon markets could dramatically
reduce world greenhouse gas (GHG) emissions, triggering policies to
build a new low-carbon energy system while restructuring the way
agriculture interacts with forests. This provides an innovative new
perspective on how a post-Kyoto international climate regime could
emerge from agreements between the main GHG emitters capping their
emissions and building an international carbon market.
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