Climate Economics: A strained relationship

climate change , economics of

Climate-change economics attends to the various threats posed by global climate change by offering theoretical and empirical insights relevant to the design of policies to reduce, avoid, or adapt to such change. This economic analysis has yielded new estimates of mitigation benefits, improved assessments of policy costs in the presence of various market distortions or imperfections, better tool...

Climate Engineering Economics ∗

This article reviews and evaluates the nascent literature on the economics of climate engineering. The literature distinguishes between two broad types of climate engineering: solar radiation management and carbon dioxide removal. We review the science and engineering characteristics of these technologies and analyze the implications of those characteristics on economic policy design. We discus...

The Economics of Climate Change

Model confirmation in climate economics.

Benefit-cost integrated assessment models (BC-IAMs) inform climate policy debates by quantifying the trade-offs between alternative greenhouse gas abatement options. They achieve this by coupling simplified models of the climate system to models of the global economy and the costs and benefits of climate policy. Although these models have provided valuable qualitative insights into the sensitiv...

Theme Overview: Climate Change Economics

The magazine of food, farm, and resource issues ©1999–2008 CHOICES. All rights reserved. Articles may be reproduced or electronically distributed as long as attribution to Choices and the American Agricultural Economics Association is maintained. Choices subscriptions are free and can be obtained through This thematic package in Choices celebrates the International Panel on Climate Change (IPCC...