Climate Change, Climate Science and Economics Prospects for An Alternative Energy Future

About this book

Climate Change, Climate Science and Economics enables readers to understand the complexity associated with climate change policy and the science behind it. For example, the author describes the criticism and defense of the widely known "hockey stick" temperature graph derived from combining instrumental data and proxy temperature indications using tree ring, ice core and other paleoclimatic data. Readers will also learn that global warming cannot easily be avoided by reducing CO₂ and other greenhouse gas emissions in rich countries.

Not only is emissions reduction extremely difficult in rich countries, but demands such as the UN mandate to improve the lives of the poorest global citizens cannot be satisfied without significantly increasing global energy use, and CO₂ emissions. Therefore, the author asserts that climate engineering and adaptation are preferable to mitigation, particularly since the science is less than adequate for making firm statements about the Earth's future climate. Readers will also learn that global warming cannot easily be avoided by reducing CO₂ and other greenhouse gas emissions in rich countries.

Contents

1. Introduction
2. Weather and the Instrumental Record
3. Climate Science and Paleoclimatology
4. Emission Scenarios and Climate Modeling
5. Alternative Explanations
6. How Economists Measure Wellbeing: Social Cost-Benefit Analysis
7. Economic Assessment of the Damages Caused by Global Warming
8. Implementing Policy
9. Avoiding Emissions Reduction: Terrestrial Carbon Sinks
10. Economic Growth, Energy and Climate Change
11. Electricity Markets and Wind Energy
12. Climate Change Policy Encounters the Real World Index

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