The Economics of Climate Change: The Stern ReviewCambridge University Press, 2007 M01 4 There is now clear scientific evidence that emissions from economic activity, particularly the burning of fossil fuels for energy, are causing changes to the Earth ́s climate. A sound understanding of the economics of climate change is needed in order to underpin an effective global response to this challenge. The Stern Review is an independent, rigourous and comprehensive analysis of the economic aspects of this crucial issue. It has been conducted by Sir Nicholas Stern, Head of the UK Government Economic Service, and a former Chief Economist of the World Bank. The Economics of Climate Change will be invaluable for all students of the economics and policy implications of climate change, and economists, scientists and policy makers involved in all aspects of climate change. |
Contents
Development | |
Projecting | |
7A Climate Changeandthe | |
The Challengeof | |
Towards a Goal for ClimateChange Policy | |
Harnessing Markets for Mitigation The Role | |
International CollectiveAction | |
Identifying theCostsof Mitigation | |
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abatement action adaptation agriculture allocation analysis andthe approach assessment atmosphere benefits billion biofuels carbon dioxide carbon price Carbon Trust challenge Chapter climate change climate sensitivity CO2e concentrations consumption cooperation cost of carbon costeffective costsof damage deforestation deployment developing countries discount discussed economic effects emissions reductions emissions trading energy efficiency environment environmental estimates etal example finance forexample fossil fuels framework future GHG emissions global governments greenhouse gases growth GtCO Hadley Centre impacts of climate important incentives increase industry infrastructure innovation inthe investment IPCC Kyoto Kyoto Protocol largescale longterm marginal mitigation models ofclimate change ofthe onthe options policymakers potential production programmes projects range regions response Review rise risk scenarios sectors social cost Source stabilisation level Stern Review suchas temperatures thecosts tobe tothe trading schemes uncertainty vulnerability warming willbe World Bank