Climate Change Library Library g. Pure Economics and Theory Valuing the Environment Climate Change Library
Valuing the Environment
A Hybrid Approach to the Valuation of Climate Change Effects on Ecosystem Services: Evidence from th...
This paper discusses valuing climate change's impact on forest ecosystems and human welfare. Though focusing on European experiences, the paper's analysis can also be related to U.S. forests.
The Summary:
"In this paper we present a systematic attempt to assess economic value of climate change impact on forest ecosystems and ...
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Helen Ding, Silvia Silvestri, Aline Chiabai, Paulo A.L.D. Nunes
Center for Environmental Economics and Management, Sustainable Development Series, Venice: 2010
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other Countries,EU and Member StatesFor Economists
Adaptation of Forests to Climate Change: Some Estimates
This paper discusses how forests adapt to climate change, in terms of damages, changes in productivity, and possible mitigation instruments.Abstract:"This paper is based on a World Bank–sponsored effort to develop a global estimate of adaptation costs, considering the implications of global climate change for industrial forestry. It focuses on the ...
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Roger A. Sedjo
Resources for the Future, Washington, DC: January 2010
Objectives: Policies & Legislation
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists|For Specialized Analysts
Are There Basic Physical Constraints on Future Anthropogenic Emissions of Carbon Dioxide?
From the Abstract: "Global Circulation Models (GCMs) provide projections for future climate warming using a wide variety of highly sophisticated anthropogenic CO2 emissions scenarios as input, each based on the evolution of four emissions “drivers”: population p, standard of living g, energy productivity (or efficiency) f and energy
carbonizat ...
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Timothy J. Garrett
Online at Springerlink.com., November 21, 2009
Objectives: Theoretical Modeling,Forecasting Impacts,Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts
California Climate Risk and Response
While a lot has been written about California's efforts to address climate change and potential economic gains, there has been limited economic analysis of the state's climate risk. This report addresses the impact of climate change if the state continues business-as-usual economic activity and the costs of the adaptation needed to cope with unavoi ...
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Kahrl, Fredrich, and David Roland-Holst
Berkeley, CA: U. of California Center For Energy, Resources, And Economic Sustainability. Research Paper No. 08102801: November 2008
Objectives: Forecasting Impacts,Evaluating ProposalsFor the Public
Carbon Emission Values in Cost Benefit Analyses
This paper discusses the process of determining the value of CO2 in cost benefit analyses.Abstract:"New infrastructure projects may affect CO2 emissions and, thus, cost benefit analyses for these projects require a value to apply for CO2. The value may be based on the marginal social cost associated with emissions or on the shadow price resulting f ...
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Svante Mandell
Swedish National Road and Transport Research Institute, Linköping, Sweden: 12 January 2010.
Objectives: Policies & Legislation
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Climate Economics in Four Easy Pieces
"As the climate science debate
is reaching closure, the climate economics debate is heating up. The
controversial issue now is the fear that overly ambitious climate initiatives
could hurt the economy. Mainstream economists emphasizing that fear have, in
effect, replaced the climate skeptics as the intellectual enablers of ina ...
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Frank Ackerman
Dollars & Sense. Nov-Dec, 2008. pp. 22-26.
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Proposals
Geographic Focus: US and Other Countries,Rich and Poor NationsFor the Public
Climate Shocks and Exports
This paper models the effects of climate change shocks on international trade.Abstract:"This paper uses international trade data to examine the effects of climate shocks on economic activity. We examine panel models relating the annual growth rate of a country’s exports in a particular product category to the country’s weather in that year. We find ...
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Benjamin F. Jones, Benjamin A. Olken
National Bureau of Economic Research, Working Paper No. 15711, Cambridge, MA: January 2010.
Objectives: Theoretical Modeling,Forecasting Impacts
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Energy for a Sustainable Future
This summary report includes a set of recommendations calling for increasing energy access, energy efficiency, and clean
energy efforts if we are to meet the global climate change challenge and achieve the Millennium
Development Goals (MDGs).
The recommendations (each accompanied by a discussion of the relevant issues and methods and st ...
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Advisory Group on Energy and Climate Change (AGECC),
The Secretery-General's Advisory Group on Energy and Climate Change (AGECC), New York, NY, April 2010
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts|For the Public
Environmental Economics of Ethanol Production - A Brief Introduction
This paper discusses the economics of ethanol production.
Abstract:
"This research has been carried out to establish; the importance of valuing externalities in relating decision making to the triple bottom line of ethanol production. By treating organic wastes as a resource and applying a different method of waste managemen ...
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Jonathan Rhys Evers, Professor Tor Hundloe, Dr. Peter Daniels
Environmental Economics Research Hub Research Reports, Canberra: June 2009.
Objectives: Policies & Legislation
Geographic Focus: US and Other Countries,Asia and OceaniaFor Specialized Analysts
Europe's Dirty Little Secret: Why the EU Emissions Trading Scheme Isn’t Working
This paper describes why Phase One of the EU’s Emissions Trading Scheme (ETS), which ran from 2005-2007 was a failure: namely, the price collapse of carbon (due to over-allocation of permits), a transfer of wealth due to different quotas on emissions for different countries, and finally a lack of a "real market." The author then examines Phase ...
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Open Europe
Open Europe, London, UK, September 2007
Objectives: Policies & Legislation,Evaluating Programs
Geographic Focus: EU and Member StatesFor Economists|For Specialized Analysts
Modeling the Impact of Warming in Climate Change Economics
This paper uses modeling to discuss the fraction of consumption society would be willing to sacrifice in order to limit future temperature increases.Abstract:"Any economic analysis of climate change policy requires some model that describes the impact of warming on future GDP and consumption. Most integrated assessment models (IAMs) relate temperat ...
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Robert S. Pindyck
National Bureau of Economic Research, Working Paper No. 15692, Cambridge, MA: January 2010.
Objectives: Theoretical Modeling,Analyzing Opinions & Attitudes
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
Potentials and Costs for Greenhouse Gas Mitigation in Annex I Countries: Interim Report
To achieve lower stabilization levels of greenhouse gas emissions, investing in international mitigation efforts is key. Unfortunately, it will likely be an arduous, if not formidable, task to get a scheme for sharing effort and responsibility accepted by Annex I countries that will actually achieve these emissions reductions.
This report ...
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Markus Amann, Imrich Bertok, Jens Borken-Kleefeld, Janusz Cofala, Chris Heyes, Lena Hoglund, Zbigniew Klimont, Pallav Purohit, Peter Rafaj, Wolfgang Schöpp, Geza Toth, Fabian Wagner, Wilfried Winiwarter
International Institute for Applied Systems Analysis, Laxenburg, Austria, November 2009.
Objectives: Theoretical Modeling,Forecasting Impacts,Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and OceaniaFor Economists
Social Cost of Carbon for Regulatory Impact Analysis Under Executive Order 12866
This report summarizes the processes used by the Interagency Working Group on Social Cost of Carbon to determine "social cost of carbon" (SCC) estimates, which put monetary value on the damage caused by carbon emissions' incremental contributions to climate change. SCC estimates can then be incorporated into cost-benefit analyses of government r ...
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Interagency Working Group on Social Cost of Carbon, U.S. Government
Interagency Working Group on Social Cost of Carbon, 2010
Objectives: Theoretical Modeling,Forecasting Impacts,Policies & Legislation
Geographic Focus: US and Other CountriesFor Economists|For Specialized Analysts|For the Public
The Challenge of Global Warming: Economic Models and Environmental Policy
We are already living the in the age of global warming which will cast its shadow over the world for decades. Added to that is the fact that it is expensive to mitigate, and is fraught with intimidating scientific and economic uncertainties. Given these daunting facts, it is essential that we have an effective tool to analyze efficient and inef ...
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William Nordhaus
Yale University New Haven, Connecticut, USA September 2007
Objectives: Forecasting Impacts,Policies & Legislation,Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts|For the Public
The Economics Of Avoiding Dangerous Climate Change
This paper, actually the editorial introduction to a special issue of the journal Climatic Change on the Stern Review, argues that the shift in mainstream economic thinking about the problem of avoiding dangerous climate change from a single-discipline focus on cost-benefit analysis to a new inter-disciplinary and multi-disciplinary risk analysis ...
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Barker, Terry
Tyndall Centre for Climate Change Research. Working Paper 117: June 2008
Objectives: Theoretical Modeling,Forecasting Impacts,Evaluating Proposals
Geographic Focus: US and Other CountriesFor Economists|For Specialized Analysts|For the Public
The Economics of Climate Change Impacts and Policy Benefits at City Scale: A Conceptual Framework
Abstract
"Cities are particularly vulnerable to climate change and climate extremes because they concentrate many activities, people and wealth in limited areas. As a result they represent an interesting scale for assessment and understanding of climate change impacts as well as for policy assessment.
"This paper provides a conceptual b ...
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Hallegatte, S., F. Henriet and J. Corfee-Morlot
Paris, FR: Oganization for Economic Cooperation and Development. OECD Environment Working Paper No. 4, 2008.
Objectives: Forecasting Impacts,Evaluating Programs,Evaluating Proposals
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor NationsFor Specialized Analysts
The Economics of Climate Change: A Primer
This somewhat dated Congressional Budget Office (CBO) study presents an overview of the issue of climate change, focusing primarily on its economic aspects. The study draws from many published sources to summarize the current state of climate science. It also provides a conceptual frameworkfor considering climate change as an economic problem,
exa ...
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Shackleton, Robert
U.S. Congress. Congressional Budget Office: April 2003
Objectives: Forecasting Impacts
Geographic Focus: US and Other CountriesFor Economists|For the Public
The Economics of Inaction on Climate Change: A Sensitivity Analysis
Economic models of climate change often take the problem seriously, but paradoxically conclude that the optimal policy is to do almost nothing about it. This paradox as seen in the widely used DICE model is explored. Three aspects of that model, involving the discount rate, the assumed benefits of moderate warming, and the treatment of the latest c ...
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Frank Ackerman, Ian J. Finlayson
Medford, MA: Global Development and Environment Institute, Tufts University. Working Paper No. 06-07: October 2006
Objectives: Theoretical Modeling
Geographic Focus: US and Other CountriesFor Economists
The Hub
This website is an excelllent resource for information promoting all aspects of A Clean Energy Economy. Loaded with reports, maps, interactive tools, stories from real people, even a twitter feed, allorganized into five main categories: 1)Jobs, 2)Consumer Savings, 3)Cost of Inaction, 4)Competitiveness, and 5)Power of Investment.
The webs ...
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Objectives: Evaluating Programs
Geographic Focus: US and Other Countries,EU and Member States,Rich and Poor Nations,Asia and Oceania,Africa,Latin AmericaFor Economists|For Specialized Analysts|For the Public
Think Globally, Act Locally? Stock vs. Flow Regulation of a Fossil Fuel
This paper discusses the different effects of flow and stock regulation, and how local and global pollution control efforts can exacerbate environmental externalities.Abstract:"Regulation of environmental externalities like global warming from the burning of fossil fuels (e.g., coal and oil) is often done by capping both emission flows and stocks. ...
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Jean-Pierre Amigues, Ujjayant Chakravorty, and Michel Moreaux
University of Economics, University of Alberta, Working Paper No. 2010-02, Edmonton, Canada: November 2009
Objectives: Theoretical Modeling,Policies & Legislation
Geographic Focus: US and Other Countries,Rich and Poor NationsFor Economists
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