Download or read book Equitable Cost Benefit Analysis of Climate Change written by Richard S. J. Tol and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The literature of welfare-maximising greenhouse gas emission reduction strategies pays remarkably little attention to equity. This paper introduces three ways to consider efficiency and equity simultaneously. The first method, inspired by Kant and Rawls, maximises net present welfare, without international co-operation, as if all regions share the fate of the region affected worst by climate change. Optimal emission abatement varies greatly depending on the spatial and temporal resolution, that is, the grid at which 'maximum impact' is defined. The second method is inspired by Varian's no-envy. Emissions are reduced so as to equalise total costs and benefits of climate change over the world and over time. Emission reductions are substantial. This method approximately preserves the inequities that would occur in a world without climate change. The third method uses non-linear aggregations of welfare (the utilitarian default is linear) in a co-operative setting. This method cannot distinguish between sources of inequity. The higher the aversion to inequity, the higher optimal greenhouse gas emission reduction.
Download or read book Climate Change and Global Equity written by Frank Ackerman and published by Anthem Press. This book was released on 2015-03-15 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ambitious measures to reduce carbon emissions are all too rare in reality, impeded by economic and political concerns rather than technological advances. In this timely collection of essays, Frank Ackerman and Elizabeth A. Stanton show that the impact of inaction on climate change will be far worse than the cost of ambitious climate policies.
Download or read book Cost Benefit Analyses of Climate Change written by Ferenc Toth and published by Birkhäuser. This book was released on 2012-12-06 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Potsdam Institute for Climate Impact Research (PIK) was founded in 1992 as a "Blue List" research institute, with the Federal Ministry for Education, Science, Research and Technology and the Ministry for Science, Research and Culture of the federal state of Brandenburg each provid ing half ofthe funding. PIK currently has a staff of 100 (1997), including about 75 scientists and guest scientists, as well as a number of students and temporary assistants. Further expansion is taking place at the institute site in the "Albert Einstein" Science Park in Potsdam. The interdisciplinary nature of climate impact research, especially the interface between the natural scientific and socioeconomic dimensions of environmental research, is reflected at PIK in the close cooperation with partner institutes at national and international level. The flexible frame work created for the institute enables new problems and issues to be taken up as they arise. As a center of scientific innovation, PIK also coordinates international activities in the fields of climate impact research and Earth System analysis. The institute houses project offices for the IGBP international research programs, for example. Simulations of Global Change are performed on PIK's supercomputer using models and data drawn from various disciplines. The parallel compu ter (an IBM-SP2) boasts 20 gigaflops of computing power, making it one of the most powerful research computers in Germany. The Workshop on Cost-Benefit Analyses of Climate Change was jointly organized by PIK and the Wuppertal Institute for Energy, Climate, and Environment (WI).
Download or read book Discounting and Intergenerational Equity written by Paul R. Portney and published by Routledge. This book was released on 2013-10-18 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years. For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies 200 to 300 years in the future? This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time. Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns. These experts note reasons why conventional calculations involved in discounting are undermined when considering costs and benefits in the distant future, including uncertainty about the values and preferences of future generations, and uncertainties about available technologies. Rather than simply disassemble current methodologies, the contributors examine innovations that will make discounting a more compelling tool for policy choices that influence the distant future. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and political acceptability.
Download or read book Cost Benefit Analysis and the Environment written by David William Pearce and published by Org. for Economic Cooperation & Development. This book was released on 2006-02-09 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth assessment of the most recent conceptual and methodological developments in cost-benefit analysis and the environment.
Download or read book Adaptation to Climate Change in the European Union written by Stine Aakre and published by CEPS. This book was released on 2008 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics and Policy Issues in Climate Change written by William D. Nordhaus and published by Resources for the Future. This book was released on 1998 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global climate change has emerged to become one of the most challenging and controversial policy issues. Ìn this volume a group of scholars e×amines economic and social aspects of the phenomenon including discounting and intergenerational equity, and the role of cost-benefit analysis.
Download or read book Cost Benefit Analysis and the Environment Recent Developments written by OECD and published by OECD Publishing. This book was released on 2006-01-30 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth assessment of the most recent conceptual and methodological developments in cost-benefit analysis and the environment.
Download or read book The Globalization of Cost Benefit Analysis in Environmental Policy written by Michael A. Livermore and published by Oxford University Press. This book was released on 2013-02-21 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues in favor of using cost-benefit analysis globally and examines the positive impact it can have in developing countries using relevant case studies. The book discusses the potential for cost-benefit analysis to provoke a global shift toward stronger and more effective economic policies.
Download or read book Retaking Rationality written by Richard L. Revesz and published by Oxford University Press. This book was released on 2008 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: That America's natural environment has been degraded and despoiled over the past 25 years is beyond dispute. Nor has there been any shortage of reasons why-short-sighted politicians, a society built on over-consumption, and the dramatic weakening of environmental regulations. In Retaking Rationality, Richard L. Revesz and Michael A. Livermore argue convincingly that one of the least understood-and most important-causes of our failure to protect the environment has been a misguided rejection of reason. The authors show that environmentalists, labor unions, and other progressive groups have declined to participate in the key governmental proceedings concerning the cost-benefit analysis of federal regulations. As a result of this vacuum, industry groups have captured cost-benefit analysis and used it to further their anti-regulatory ends. Beginning in 1981, the federal Office of Management and Budget and the federal courts have used cost-benefit analysis extensively to determine which environmental, health, and safety regulations are approved and which are sent back to the drawing board. The resulting imbalance in political participation has profoundly affected the nation's regulatory and legal landscape. But Revesz and Livermore contend that economic analysis of regulations is necessary and that it needn't conflict with-and can in fact support-a more compassionate approach to environmental policy. Indeed, they show that we cannot give up on rationality if we truly want to protect our natural environment. Retaking Rationality makes clear that by embracing and reforming cost-benefit analysis, and by joining reason and compassion, progressive groups can help enact strong environmental and public health regulation.
Download or read book Climate Change 1995 Economic and Social Dimensions of Climate Change written by James P. Bruce and published by Cambridge University Press. This book was released on 1996-06-27 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Large, irreversible changes in climate may have a major effect on the economies of the world. The social costs of climate change will vary dramatically from country to country. This landmark assessment from Working Group III of the IPCC addresses the costs of climate change, both in terms of society and equity issues, and the economic burden of combating adverse climate change. The editors assess the response options, the applicability of cost-benefit analysis to climate change, and the costs faced by the many countries committed to limit greenhouse gas emissions by the year 2000. This exhaustive analysis will be invaluable for the international community of policy makers concerned with the consequences of climate change.
Download or read book Routledge Handbook of the Economics of Climate Change Adaptation written by Anil Markandya and published by Routledge. This book was released on 2014-01-03 with total page 565 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is one of the greatest challenges facing human kind owing to the great uncertainty regarding future impacts, which affect all regions and many ecosystems. Many publications deal with economic issues relating to mitigation policies, but the economics of adaptation to climate change has received comparatively little attention. However, this area is is critical and a central pillar of any adaptation strategy or plan and is the economic dimension, which therefore merits the increase in attention it is receiving. This book deals with the difficulties that face the economics of adaptation. Critical issues include: uncertainty; baselines; reversibility, flexibility and adaptive management; distributional impacts; discount rates and time horizons; mixing monetary and non-monetary evaluations and limits to the use of cost-benefit analysis; economy-wide impacts and cross-sectoral linkages. All of these are addressed in the book from the perspective of economics of adaptation. Other dimensions of adaptation are also included, such as the role of low- and middle-income countries, technology and the impacts of extreme events. This timely book will prove essential reading for international researchers and policy makers in the fields of natural resources, environmental economics and climate change.
Download or read book Economic Analysis of Climate Proofing Investment Projects written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-09-01 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change represents an increasing threat to the continued development of the people, preservation of ecosystems, and economic growth of Asia and the Pacific. Mainstreaming climate risk management in all aspects of development is thus key to an effective transition to climate-resilient development pathways. ADB's climate risk management framework aims to reduce risks resulting from climate change to investment projects in Asia and the Pacific. A key step in this framework is the technical and economic valuation of climate-proofing measures. This report describes the conduct of the cost-benefit analysis of climate proofing investment projects. An important message is that the presence of uncertainty about climate change does not invalidate the conduct of the economic analysis of investment projects, nor does it require a new type of economic analysis. However, the presence of uncertainty does require a different type of decision-making process in which technical and economic expertise combine to present decision makers with the best possible information on the economic efficiency of alternative designs of investment projects.
Download or read book Cost benefit Analysis and Climate Change written by Stephen C. Peck and published by . This book was released on 1993 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cost benefit Analysis of Climate Change written by Paul Baer and published by . This book was released on 2008 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cost Benefit Analyses of Climate Change written by Ferenc Toth and published by . This book was released on 1997-12-18 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Discounting for Time and Risk in Energy Policy written by Robert C. Lind and published by Routledge. This book was released on 2013-10-18 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a collection of theoretical papers, including contributions by Partha Dasgupta and three Nobel prize-winning economists: Kenneth Arrow, Amartya Sen, and Joseph Stiglitz. Originally published in 1982.
