
A Question of Balance
Weighing the Options on Global Warming Policies
William D. Nordhaus(Author)
Yale University Press
Published on 8. January 2015
Book
Paperback/Softback
256 pages
978-0-300-20939-6 (ISBN)
Description
The 2018 Nobel laureate for economics shows how economic analysis can help us design economic policies to address the looming challenges of global warming
As scientific and observational evidence on global warming piles up every day, questions of economic policy in this central environmental topic have taken center stage. But as author and prominent Yale economist William Nordhaus observes, the issues involved in understanding global warming and slowing its harmful effects are complex and cross disciplinary boundaries. For example, ecologists see global warming as a threat to ecosystems, utilities as a debit to their balance sheets, and farmers as a hazard to their livelihoods.
In this important work, William Nordhaus integrates the entire spectrum of economic and scientific research to weigh the costs of reducing emissions against the benefits of reducing the long-run damages from global warming. The book offers one of the most extensive analyses of the economic and environmental dynamics of greenhouse-gas emissions and climate change and provides the tools to evaluate alternative approaches to slowing global warming. The author emphasizes the need to establish effective mechanisms, such as carbon taxes, to harness markets and harmonize the efforts of different countries. This book not only will shape discussion of one the world's most pressing problems but will provide the rationales and methods for achieving widespread agreement on our next best move in alleviating global warming.
As scientific and observational evidence on global warming piles up every day, questions of economic policy in this central environmental topic have taken center stage. But as author and prominent Yale economist William Nordhaus observes, the issues involved in understanding global warming and slowing its harmful effects are complex and cross disciplinary boundaries. For example, ecologists see global warming as a threat to ecosystems, utilities as a debit to their balance sheets, and farmers as a hazard to their livelihoods.
In this important work, William Nordhaus integrates the entire spectrum of economic and scientific research to weigh the costs of reducing emissions against the benefits of reducing the long-run damages from global warming. The book offers one of the most extensive analyses of the economic and environmental dynamics of greenhouse-gas emissions and climate change and provides the tools to evaluate alternative approaches to slowing global warming. The author emphasizes the need to establish effective mechanisms, such as carbon taxes, to harness markets and harmonize the efforts of different countries. This book not only will shape discussion of one the world's most pressing problems but will provide the rationales and methods for achieving widespread agreement on our next best move in alleviating global warming.
More details
Language
English
Place of publication
United States
Target group
College/higher education
Professional and scholarly
Product notice
Paperback (trade)
Illustrations
25 b-w illus.
Dimensions
Height: 210 mm
Width: 140 mm
Weight
272 gr
ISBN-13
978-0-300-20939-6 (9780300209396)
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Schweitzer Classification
Person
William D. Nordhaus, winner of the 2018 Nobel Prize in Economics and Sterling Professor of Economics at Yale University, is the author of The Climate Casino: Risk, Uncertainty, and Economics for a Warming World. He lives in New Haven, CT.