Economic Choices in a Warming World

Christian de Perthuis, Michael Westlake

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Hardback

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English

Cambridge University Press
10 March 2011

Environmental economics; Global warming

Since the publication of the Stern Review, economists have started to ask more normative questions about climate change. Should we act now or tomorrow? What is the best theoretical carbon price to reach long-term abatement targets? How do we discount the long-term costs and benefits of climate change? This provocative book argues that these are the wrong sorts of questions to ask because they don't take into account the policies that have already been implemented. Instead, it urges us to concentrate on existing policies and tools by showing how the development of carbon markets could dramatically reduce world greenhouse gas (GHG) emissions, triggering policies to build a new low-carbon energy system while restructuring the way agriculture interacts with forests. This provides an innovative perspective on how a post-Kyoto international climate regime could emerge from agreements between the main GHG emitters capping their emissions and building an international carbon market.

By: Christian de Perthuis
Translated by: Michael Westlake
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 231mm, Width: 152mm, Spine: 23mm
Weight: 520g
ISBN: 9781107002562
ISBN 10: 1107002567
Pages: 262
Publication Date: 10 March 2011
Audience: Professional and scholarly , General/trade , Undergraduate , ELT Advanced
Format: Hardback
Publisher's Status: Active

Christian de Perthuis is a Professor of Economics at the University Paris-Dauphine, where he is also the Director of the Masters programme in Energy, Finance and Carbon. He is the head of PREC, a leading research team on climate economics, and a member of the Council on Economics and Sustainable Development, a body advising the French Minister for Environment. At the request of the French Government, he was responsible for designing the French domestic offset program. His most recent book is Pricing Carbon (Cambridge University Press, 2010), co-edited with A. Denny Ellerman and Frank Convery.

Reviews for Economic Choices in a Warming World

Advance praise: 'For those who do not understand why a global agreement is needed in the climate change rounds and why this agreement is so difficult to reach, this book provides a clear and balanced presentation of the issues.' Claude Mandil, former Executive Director of the International Energy Agency