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Books > Earth & environment > The environment > Environmental economics
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The Economics of Global Warming (Paperback)
Loot Price: R526
Discovery Miles 5 260
You Save: R137
(21%)
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The Economics of Global Warming (Paperback)
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List price R663
Loot Price R526
Discovery Miles 5 260
You Save R137 (21%)
Expected to ship within 12 - 17 working days
|
This study examines the costs and benefits of an aggressive program
of global action to limit greenhouse warming. An initial chapter
summarizes the scientific issues from the standpoint of an
economist. The analysis places heavy emphasis on efforts over a
long run of 200 to 300 years, with much greater warming and damages
than associated with the conventional benchmark (a doubling of
carbon dioxide in the atmosphere). Estimates are presented for
economic damages, ranging from agricultural losses and sea-level
rise to loss of forests, water scarcity, electricity requirements
for air conditioning, and several other major effects. A survey of
existing model estimates provides the basis for calculation of
costs of limiting emissions of greenhouse gases. After a review of
the theory of term discounting in the context of very-long-term
environmental issues, the study concludes with a cost-benefit
estimate for international action and a discussion of policy
measures to mobilize the global response.
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