Climate Change and the World Economy

Climate Change and the World Economy


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World economic activity is a cause of climate change and climate change has an impact on economic activity. Adaptation to climate change can occur locally, but action to reduce the extent of climate change requires global cooperation or at least coordination.

Covering all aspects of the problem, this collection contains both classic and recent key published articles on this burning issue. The first section explores global trends in emissions and their drivers as well as the most important forecasts of global greenhouse gas emissions. The second section covers mitigation policy at the international level reviewing costs, benefits, and analysis of policy instruments. The final section focuses on adaptation and the roles of risk and uncertainty in responses to climate change.

The extensive, authoritative introduction provided by the editors puts these contributions into context. This volume will be of interest and value to researchers and policy professionals in the areas of climate policy and environmental economics.

Product Details

ISBN-13: 9781781009185
Publisher: Elgar, Edward Publishing, Inc.
Publication date: 07/14/2014
Product dimensions: 6.50(w) x 1.50(h) x 9.50(d)

About the Author

Edited by David I. Stern, Professor, Crawford School of Public Policy, The Australian National University, Frank Jotzo, Associate Professor, Crawford School of Public Policy, The Australian National University and Leo Dobes, Adjunct Associate Professor, Crawford School of Public Policy, The Australian National University, Australia

Table of Contents



Introduction David I. Stern, Leo Dobes and Frank Jotzo


1. Gilbert N. Plass (1956), ‘Carbon Dioxide and the Climate’

2. Charles D. Keeling (1973), ‘Industrial Production of Carbon Dioxide from Fossil Fuels and Limestone’

3. Nebojša Nakićenović (2000), ‘Greenhouse Gas Emissions Scenarios’

4. Detlef P. van Vuuren, Jae Edmonds, Mikiko Kainuma, Keywan Riahi, Allison Thomson, Kathy Hibbard, George C. Hurtt, Tom Kram, Volker Krey, Jean-Francois Lamarque, Toshihiko Masui, Malte Meinshausen, Nebojsa Nakicenovic, Steven J. Smith and Steven K. Rose (2011), ‘The Representative Concentration Pathways: An Overview’

5. Douglas Holtz-Eakin and Thomas M. Selden (1995), ‘Stoking the Fires? CO2 Emissions and Economic Growth’

6. Mark C. Strazicich and John A. List (2003), ‘Are CO2 Emission Levels Converging Among Industrial Countries?’

7. Michael R. Raupach, Gregg Marland, Philippe Ciais, Corinne Le Quéré, Josep G. Canadell, Gernot Klepper and Christopher B. Field (2007), ‘Global and Regional Drivers of Accelerating CO2 Emissions’

8. Arnulf Grübler, Nebojša Nakićenović and David G. Victor (1999), ‘Dynamics of Energy Technologies and Global Change’

9. Sofia Teives Henriques and Astrid Kander (2010), ‘The Modest Environmental Relief Resulting from the Transition to a Service Economy’

10. Glen P. Peters and Edgar G. Hertwich (2008), ‘CO2 Embodied in International Trade with Implications for Global Climate Policy’

11. Frank Jotzo, Paul J. Burke, Peter J. Wood, Andrew Macintosh and David I. Stern (2012), ‘Decomposing the 2010 Global Carbon Dioxide Emissions Rebound’

12. R.A. Houghton (2003), ‘Revised Estimates of the Annual Net Flux of Carbon to the Atmosphere from Changes in Land Use and Land Management 1850–2000’

13. David I. Stern and Robert .K. Kaufmann (1996), ‘Estimates of Global Anthropogenic Methane Emissions 1860–1993’

14. S.J. Smith, J. van Aardenne, Z. Klimont, R.J. Andres, A. Volke and S. Delgado Arias (2011), ‘Anthropogenic Sulfur Dioxide Emissions: 1850–2005’


15. John P. Weyant (1993), ‘Costs of Reducing Global Carbon Emissions’

16. William D. Nordhaus and Zili Yang (1996), ‘A Regional Dynamic General-Equilibrium Model of Alternative Climate-Change Strategies’

17. Francesco Bosello, Carlo Carraro and Enrica De Cian (2010), ‘Climate Policy and the Optimal Balance between Mitigation, Adaptation and Unavoidable Damage’

18. Richard S.J. Tol (2002), ‘Estimates of the Damage Costs of Climate Change. Part 1: Benchmark Estimates’

19. Ross Garnaut (2008), ‘Introduction’

20. Martin L. Weitzman (2009), ‘On Modeling and Interpreting the Economics of Catastrophic Climate Change’

21. Nicholas Stern (2008), ‘The Economics of Climate Change’

22. John Quiggin (2008), ‘Stern and his Critics on Discounting and Climate Change: An Editorial Essay’

23. Michael Grubb (1995), ‘Seeking Fair Weather: Ethics and the International Debate on Climate Change’

24. Noreen Beg, Jan Corfee Morlot, Ogunlade Davidson, Yaw Afrane-Okesse, Lwazikazi Tyani, Fatma Denton, Youba Sokona, Jean Philippe Thomas, Emilio Lèbre La Rovere, Jyoti K. Parikh, Kirit Parikh and A. Atiq Rahman (2002), ‘Linkages between Climate Change and Sustainable Development’

25. A. Denny Ellerman and Barbara K. Buchner (2007), ‘The European Union Emissions Trading Scheme: Origins, Allocation, and Early Results’

26. Warwick J. McKibbin and Peter J. Wilcoxen (2002), ‘The Role of Economics in Climate Change Policy’


27. Joel D. Scheraga and Anne E. Grambsch (1998), ‘Risk, Opportunities, and Adaptation to Climate Change’

28. Richard W. Katz and Barbara G. Brown (1992), ‘Extreme Events in a Changing Climate: Variability is More Important than Averages’

29. Barry Smit and Johanna Wandel (2006), ‘Adaptation, Adaptive Capacity and Vulnerability’

30. Ian Burton, Saleemul Huq, Bo Lim, Olga Pilifosova and Emma Lisa Schipper (2002), ‘From Impacts Assessment to Adaptation Priorities: The Shaping of Adaptation Policy’

31. Stéphane Hallegatte, Jean-Charles Hourcade and Philippe Ambrosi (2007), ‘Using Climate Analogues for Assessing Climate Change Economic Impacts in Urban Areas’

32. Peter Linquiti and Nicholas Vonortas (2012), ‘The Value of Flexibility in Adapting to Climate Change: A Real Options Analysis of Investments in Coastal Defense’

33. Leo Dobes (2012), ‘Sir Sidney Kidman: Australia’s Cattle King as a Pioneer of Adaptation to Climatic Uncertainty’

34. Stéphane Hallegatte (2009), ‘Strategies to Adapt to an Uncertain Climate Change’

35. George L. Priest (1996), ‘The Government, the Market, and the Problem of Catastrophic Loss’

36. Nils Petter Gleditsch (1998), ‘Armed Conflict and the Environment: A Critique of the Literature’

37. François Gemenne (2011), ‘Why the Numbers Don’t Add Up: A Review of Estimates and Predictions of People Displaced by Environmental Changes’

38. Sabine L. Perch-Nielsen, Michèle B. Bättig and Dieter Imboden (2008), ‘Exploring the Link between Climate Change and Migration’

39. Roxana Juliá and Faye Duchin (2007), ‘World Trade as the Adjustment Mechanism of Agriculture to Climate Change’

40. Robert Mendelsohn (2006), ‘The Role of Markets and Governments in Helping Society Adapt to a Changing Climate’

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