scholarly journals The climate in climate economics

2021 ◽  
Author(s):  
Doris Folini ◽  
Felix Kubler ◽  
Aleksandra Malova ◽  
Simon Scheidegger
Keyword(s):  
Author(s):  
Stephen M. Gardiner ◽  
Simon Caney ◽  
Dale Jamieson ◽  
Henry Shue

This collection gathers a set of seminal papers from the emerging area of ethics and climate change. Topics covered include human rights, international justice, intergenerational ethics, individual responsibility, climate economics, and the ethics of geoengineering. Climate Ethics is intended to serve as a source book for general reference, and for university courses that include a focus on the human dimensions of climate change. It should be of broad interest to all those concerned with global justice, environmental science and policy, and the future of humanity.


Author(s):  
Jeroen Hopster

While the foundations of climate science and ethics are well established, fine-grained climate predictions, as well as policy-decisions, are beset with uncertainties. This chapter maps climate uncertainties and classifies them as to their ground, extent and location. A typology of uncertainty is presented, centered along the axes of scientific and moral uncertainty. This typology is illustrated with paradigmatic examples of uncertainty in climate science, climate ethics and climate economics. Subsequently, the chapter discusses the IPCC’s preferred way of representing uncertainties and evaluates its strengths and weaknesses from a risk management perspective. Three general strategies for decision-makers to cope with climate uncertainty are outlined, the usefulness of which largely depends on whether or not decision-makers find themselves in a context of deep uncertainty. The chapter concludes by offering two recommendations to ease the work of policymakers, faced with the various uncertainties engrained in climate discourse.


2021 ◽  
Author(s):  
Michael Roos ◽  
Franziska M. Hoffart
Keyword(s):  

2019 ◽  
Vol 24 (6) ◽  
pp. 560-582 ◽  
Author(s):  
Lucas Bretschger ◽  
Christos Karydas

AbstractEnvironmental economics models are often too complex to be communicated in an illustrative manner. For this reason, this paper develops the Basic Climate Economic (BCE) model that features core elements of macroeconomic and climate economic modelling, while allowing for an illustrative examination of the development path. The BCE model incorporates fossil stock depletion, pollution stock accumulation, endogenous growth, and climate-induced capital depreciation. We first use graphical analysis to show the effects of climate change and climate policy on economic development. Intuition for the different model mechanisms, the functional forms, and the effects of different climate policies is provided. We then show the model equations in mathematical terms to derive closed-form solutions and to run model simulations relating to the graphical part. Finally, we compare our setup to other models of climate economics.


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