The Economics of Climate Change
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- Create Date：2022-11-10 05:53:03
- Update Date：2025-09-06
- Status：finish
- Author：Nicholas Stern
- ISBN：0521700809
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Summary
There is now clear scientific evidence that emissions from economic activity， particularly the burning of fossil fuels for energy， are causing changes to the Earth's climate。 A sound understanding of the economics of climate change is needed in order to underpin an effective global response to this challenge。 The Stern Review is an independent， rigourous and comprehensive analysis of the economic aspects of this crucial issue。 It has been conducted by Sir Nicholas Stern， Head of the UK Government Economic Service， and a former Chief Economist of the World Bank。 The Economics of Climate Change will be invaluable for all students of the economics and policy implications of climate change， and economists， scientists and policy makers involved in all aspects of climate change。
Reviews
Richard Marney
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A seminal book on the greatest global challenge of the 21st century。 The breadth and depth of the material covered are daunting， especially to relative neophytes （like me）。 Still， the learnings are many and valuable in framing the underlying science， economics and policy questions。 With each page read， however， an inner voice asks， “13 years later， where are we today” and “how much worse is 2050 going to be given the damage politicians like Trump and Bolsonaro are doing”？For students and casual A seminal book on the greatest global challenge of the 21st century。 The breadth and depth of the material covered are daunting， especially to relative neophytes （like me）。 Still， the learnings are many and valuable in framing the underlying science， economics and policy questions。 With each page read， however， an inner voice asks， “13 years later， where are we today” and “how much worse is 2050 going to be given the damage politicians like Trump and Bolsonaro are doing”？For students and casual readers interested in the topic， a reference guide for your library。 Happy to discuss the book / subject！！😊 。。。more
Jack Worlidge
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Where would we be without this book。 Technical （I am an economist） but readable by anyone interested - It seems as though this book is the only thing keeping environmental concern in the political agenda - public support is not enough unless economists can present the case for international action。 In this book， Stern does comprehensively and with considerations for many issues。 He considers the ethics of climate change， what the ethical implications are of different discount rates used in the c Where would we be without this book。 Technical （I am an economist） but readable by anyone interested - It seems as though this book is the only thing keeping environmental concern in the political agenda - public support is not enough unless economists can present the case for international action。 In this book， Stern does comprehensively and with considerations for many issues。 He considers the ethics of climate change， what the ethical implications are of different discount rates used in the cost benefit analysis， including the pure rate of time preference and the elasticity of marginal utility （how much should we value the utility of future， far more affluent generations， versus ours？ This is a question of inter generational inequality）。 After making noble conclusions that the future generations deserve an almost equal weight， except for the small probability of extinction （not all economists concede this）， he then proceeds to use scientific research and extensive cost benefit analysis， to demonstrate that the conclusion we must take is that we cannot afford inaction。 Strong， immediate， decisive action， is required。 As far as I am concerned， the methodological criticisms of this book （often a question of ethics） are far outweighed by its moral and intellectual importance on the political agenda。 I sincerely hope Lord Stern and all his team go down in history for this review。 。。。more
Mike
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A comprehensive study of the economics of climate change。 Perhaps the most intriguing finding: addressing climate change， if we act quickly and wisely， doesn't have to break the bank。 A comprehensive study of the economics of climate change。 Perhaps the most intriguing finding: addressing climate change， if we act quickly and wisely， doesn't have to break the bank。 。。。more
Cambridge Programme for Sustainability Leadership
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One of Cambridge Sustainability's Top 50 Books for Sustainability， as voted for by our alumni network of over 3，000 senior leaders from around the world。 To find out more， click here。The Economics of Climate Change is the report from the Stern Review to the UK Prime Minister and Chancellor， commissioned in July 2006。 The brief was to assess: the economic， social and environmental consequences of climate change; the implications for energy demand and emissions of the prospects for economic growth One of Cambridge Sustainability's Top 50 Books for Sustainability， as voted for by our alumni network of over 3，000 senior leaders from around the world。 To find out more， click here。The Economics of Climate Change is the report from the Stern Review to the UK Prime Minister and Chancellor， commissioned in July 2006。 The brief was to assess: the economic， social and environmental consequences of climate change; the implications for energy demand and emissions of the prospects for economic growth; the costs and benefits of actions to reduce the net global balance of greenhouse gas emissions from energy use and other sources; and the impact and effectiveness of national and international policies and arrangements in reducing net emissions。 Stern calculated that， if we don't act， the overall costs and risks of climate change will be equivalent to losing between 5% and 20% of global GDP each year， now and forever。 In contrast， the costs of action can be limited to around 1% of global GDP each year。 。。。more
TC
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Read with the 4th Assessment Report put out last year by the Intergovernmental Panel on Climate Change for the most up-to-date， in-depth overview of the greatest challenge we are having to have had the opportunity to face。 Essential reading。 If you aren't completely scared out of your wits by the end of it， there will be no room for accommodating you in the world-state we are ever swiftly hurtling into。 Read with the 4th Assessment Report put out last year by the Intergovernmental Panel on Climate Change for the most up-to-date， in-depth overview of the greatest challenge we are having to have had the opportunity to face。 Essential reading。 If you aren't completely scared out of your wits by the end of it， there will be no room for accommodating you in the world-state we are ever swiftly hurtling into。 。。。more
Anthony
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