How to Think about Climate Change: Insights from Economics for the Perplexed But Open-Minded Citizen (Hardcover) (ISBN-13: 9781009405003)

Caught in the crossfire between climate deniers and catastrophists, the intelligent layperson is understandably bewildered when faced with the complexity of climate change. How To Think About Climate Change shows that economics provides not just a suitable, but an indispensable perspective to understand the root causes of the climate-change problem: scarcity of resources, externalities and free riding. Riccardo Rebonato argues that there are no silver bullets or easy solutions. However, he shows that the new-generation economics models offer a radically different insight about our best course of action from what most early models recommended - in particular, they suggest that fast and large-scale climate action can now be justified as the most cost-effective strategy without requiring the 'infinite altruism' of earlier models. Given the conceptual tools provided in this book, readers can decide whether they agree with these conclusions - and, if they do, what the most effective courses of action are.

Author: Riccardo Rebonato
ISBN-10: 1009405004
ISBN-13: 9781009405003
Publisher: Cambridge University Press
Language: English
Published: 01/25/2024
Pages: 360
Format: Hardcover
Weight: 0.70lbs
Size: 8.90h x 5.90w x 0.50d