{"title":"Introduction to the Handbook on the Economics of Climate Change","authors":"G. Chichilnisky, Armon Rezai","doi":"10.4337/9780857939067.00005","DOIUrl":"https://doi.org/10.4337/9780857939067.00005","url":null,"abstract":"This Handbook comes to light at a time when economic sciences start to recognize the inevitable emergence of climate change as the defining topic of our time. Economic thinking is evolving in front of our eyes, calling for reflection and reconsideration. The chapters contain ideas and policies to support and accelerate the change. We now know that climate change embodies and forecasts the future of human civilization and therefore its economic organization. It is the purpose of the Handbook to contribute to the transformation of economics in the midst of this momentous evolution. The importance of climate change in economics should be no surprise. It is natural and to be expected because, as the traditional definition goes, economics is about the production, use, and distribution of resources, a definition that was famously proposed by T. Koopmans in the middle of the 20th century. Resources are at the core of economics, this much is clear. What is perhaps less clear is the transformation that has occurred in our perception of resources. Now, for the first time, we have 7.3 billion humans who have come to dominate the planet creating a new geological period that has replaced the Holocene and which geologists now call the Anthropocene. Only now that we dominate the geology of the planet have we come to recognize that the most important resources for human societies are the atmosphere of the planet, its bodies of waters and its biodiversity, namely the global environment. The definition of economics proposed by T. Koopmans has not changed: it is our understanding of resources that has fundamentally changed. To achieve its goal the book is divided into three sections that cover critical new areas and ideas about economics and climate change: The political economy of climate change and climate policy, integrated assessment modelling, and climate change and sustainability. For the convenience of the reader and using abstracts provided by the authors, the content is summarized in the following.","PeriodicalId":148617,"journal":{"name":"Handbook on the Economics of Climate Change","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115018989","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Greenhouse gas and cyclical growth","authors":"L. Taylor, D. Foley","doi":"10.4337/9780857939067.00021","DOIUrl":"https://doi.org/10.4337/9780857939067.00021","url":null,"abstract":"A growth model incorporating dynamics of capital per capita, atmospheric CO 2 concentration, and labor and energy productivity is described. In the “medium run” output and employment are determined by effective demand in contrast to most models of climate change. In a “long run” of several centuries the model converges to a stationary state with zero net emissions of CO 2 . Properties of dismal and non-dismal stationary states are explored, with a latter requiring a relatively high level of investment in mitigation of emissions. Without such investment under “business as usual” output dynamics are strongly cyclical in numerical simulations. There is strong output growth for about eight decades, then a climate crisis, and output crash.","PeriodicalId":148617,"journal":{"name":"Handbook on the Economics of Climate Change","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125300316","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Integrated Assessment Modelling","authors":"R. Tol","doi":"10.4337/9780857939067.00012","DOIUrl":"https://doi.org/10.4337/9780857939067.00012","url":null,"abstract":"In the middle of the 1990s, integrated assessment went through a period of introspection (Dowlatabadi, 1995; Grubb, 1993; Henderson-Sellers, 1996; Kolstad, 1998; Morgan and Dowlatabadi, 1996; Parson, 1995, 1996; Risbey et al., 1996; Rotmans and van Asselt, 1996; Rotmans, 1998; Rotmans and Dowlatabadi, 1998; Schneider, 1997; Shackley et al., 1998a,b; Thompson, 1997; Tol and Vellinga, 1998; Toth and Hizsnyik, 1998; Weyant et al., 1996). Around 1995, very different types of models had emerged – all under the label of integrated assessment modelling – and a new breed of integrated assessment – now known as participatory integrated assessment – challenged the models. The IA community was split into two, perhaps three or four camps: policy simulation modellers (Alcamo and Kreileman, 1996; Morita et al., 1994; Rotmans et al., 1990) were pitted against policy optimisation modellers (Carraro and Galeotti, 1996; Maddison, 1995; Manne et al., 1995; Nordhaus, 1994; Peck and Teisberg, 1992, Richels and Edmonds, 1995; Tol, 1997; Wigley et al., 1996), with a few uncertainty modellers claiming that both had it wrong (Dowlatabadi and Morgan, 1993; Plambeck et al., 1997; van Asselt et al., 1996; Yohe and Wallace, 1996), and those advocating participatory integrated assessment methods arguing for a much reduced role of models in policy advice, and for a drastic overhaul of the models as well (Bailey, 1997; Bailey et al., 1996; Cohen 1997; C. Jaeger, 1998; J. Jaeger, 1998; Munda, 1996; Parson, 1997). Fundamental questions were asked, such as what is integrated assessment, and what is it good for? The European Forum on Integrated Environmental Assessment was one of the results of this process of introspection, as integrated assessors realised that, however great the differences, they have more in common with each other than with disciplinary researchers.","PeriodicalId":148617,"journal":{"name":"Handbook on the Economics of Climate Change","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2006-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123113218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Political Economy of Climate Change and Climate Policy","authors":"","doi":"10.4337/9780857939067.00006","DOIUrl":"https://doi.org/10.4337/9780857939067.00006","url":null,"abstract":"","PeriodicalId":148617,"journal":{"name":"Handbook on the Economics of Climate Change","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115559303","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Climate Change and Sustainability","authors":"","doi":"10.4337/9780857939067.00019","DOIUrl":"https://doi.org/10.4337/9780857939067.00019","url":null,"abstract":"Description The seminar's goal is to motivate and enable students to take substantial steps toward a more sustainable world. It provides them with the tools they need to make a difference. Throughout the seminar, students will investigate the major environmental and climate change challenges confronting Jordanian communities. Water scarcity, sustainable energy production, food security, and the impact of refugees on natural resources will be among the topics addressed. The seminar takes a multifaceted approach, incorporating informative lectures, site visits to rural areas where communities and refugees live, and engaging discussions that will prepare students for their future internships. Additionally, the seminar places emphasis on the role of international relations in facilitating coordination and collaboration among countries, particularly in addressing issues such as water scarcity and hydro-politics involving Jordan, Syria, the West Bank, and Israel.","PeriodicalId":148617,"journal":{"name":"Handbook on the Economics of Climate Change","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128458681","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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