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The Climate Casino
Risk, Uncertainty, and Economics for a Warming World
Language:
English
Published/Copyright:
2013
About this book
Climate change is profoundly altering our world in ways that pose major risks to human societies and natural systems. We have entered the Climate Casino and are rolling the global-warming dice, warns economist William Nordhaus. But there is still time to turn around and walk back out of the casino, and in this essential book the author explains how.
Bringing together all the important issues surrounding the climate debate, Nordhaus describes the science, economics, and politics involved—and the steps necessary to reduce the perils of global warming. Using language accessible to any concerned citizen and taking care to present different points of view fairly, he discusses the problem from start to finish: from the beginning, where warming originates in our personal energy use, to the end, where societies employ regulations or taxes or subsidies to slow the emissions of gases responsible for climate change.
Nordhaus offers a new analysis of why earlier policies, such as the Kyoto Protocol, failed to slow carbon dioxide emissions, how new approaches can succeed, and which policy tools will most effectively reduce emissions. In short, he clarifies a defining problem of our times and lays out the next critical steps for slowing the trajectory of global warming.
Author / Editor information
William Nordhaus is Sterling Professor of Economics at Yale University. He has studied and written extensively about global warming for four decades and is author of the award-winning A Question of Balance: Weighing the Options on Global Warming Policies, published by Yale University Press. He lives in New Haven, CT.
Topics
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Frontmatter
i -
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Contents
vii -
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Acknowledgments
xi -
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Note to Readers
xiii - Part I. The Genesis of Climate Change
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1. First Encounters in the Climate Casino
3 -
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2. A Tale of Two Lakes
12 -
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3. The Economic Origins of Climate Change
17 -
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4. Future Climate Change
36 -
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5. Tipping Points in the Climate Casino
50 - Part II. Impacts of Climate Change on Human and Other Living Systems
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6. From Climate Change to Impacts
69 -
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7. The Fate of Farming
78 -
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8. The Impact on Human Health
91 -
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9. Perils for the Oceans
100 -
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10. Intensification of Hurricanes
116 -
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11. Wildlife and Species Loss
122 -
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12. Adding Up the Damages from Climate Change
135 - Part III. Slowing Climate Change: Strategies and Costs
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13. Dealing with Climate Change: Adaptation and Geoengineering
149 -
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15. The Costs of Slowing Climate Change
169 -
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16. Discounting and the Value of Time
182 - Part IV. Policies and Institutions for Slowing Climate Change
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17. Historical Perspectives on Climate Policy
197 -
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18. Climate Policy by Balancing Costs and Benefits
205 -
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19. The Central Role of Carbon Prices
220 -
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20. Climate-Change Policies at the National Level
233 -
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21. From National to Harmonized International Policies
244 -
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22. Second Best and Beyond
259 -
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23. New Technologies for a Low-Carbon Economy
274 - Part V. Climate Politics
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24. Climate Science and Its Critics
293 -
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25. Public Opinion on Climate Change
303 -
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26. Obstacles to Climate-Change Policies
316 -
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Notes
327 -
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Index
365
Publishing information
Pages and Images/Illustrations in book
eBook published on:
October 22, 2013
eBook ISBN:
9780300203813
Pages and Images/Illustrations in book
Main content:
392
