Stern Review: The Economics of Climate Change Part 4

Stern Review: The Economics of Climate Change Part 4 Reading A reading from the ‘Stern Review: The Economics of Climate Change’ by economist Nicholas Stern for the Government of the United Kingdom which looks at policy response to climate change. Some of the main policies discussed in this reading are carbon pricing, technology advancement, and […]

Overview of Carbon Pricing

Overview of Carbon Pricing Audio An audio conversation with Christopher Knittel, MIT, about carbon pricing and its impact on individual lifestyle. This audio podcast looks at the complexities of carbon pricing, its type, approximate individual cost and public policy around it. Students will learn about the basics of carbon pricing and be introduced to carbon […]

Climate Change- A Market Failure

Climate Change- A Market Failure Reading A reading titled ‘Why do economists describe climate change as a market failure?’ by Alex Bowen, Simon Dietz and Naomi Hicks, that discusses how since climate change does not maximise societal welfare, it is a market failure. The reading focuses on the ‘greenhouse-gas externality’ that describes the indirect impact […]

Karl Marx and Climate Change

Karl Marx and Climate Change Video A short video titled ‘Marxist theory: Relevant to climate change today?’ by Graham Murdock, Loughborough University, that discusses the impact of capitalism on climate change. Murdock discusses Marx’s commentary on the breakdown of the relationship of humans with nature due the industrialization of agricultural practices. Students will learn the […]

Economic solutions for Climate Change

Economic solutions for Climate Change Audio As a teacher of Economics, this podcast can teach your students about Environmental Resources and Energy Economics, and use of carbon tax policy as a possible economic solution to climate change. This audio will help students understand the relationship between economics and climate change. Additionally, they will learn about […]

Naomi Klein discusses ‘This Changes Everything’

Naomi Klein discusses ‘This Changes Everything’ Video A video by award-winning journalist, author and filmmaker, Naomi Klein, at the Cambridge Forum about her book titled, ‘This Changes Everything’. In this video, Naomi Klein summarizes her book and explains why she thinks that capitalism is the real cause for climate change. Students will learn how capitalism, […]

Climate Change, the Economy, and Society

Climate Change, the Economy, and Society Model/Simulation A model/simulation to understand the relationships between climate change, economics, and social factors. Students will customise parameters related to policy (such as emissions-related tax or treaty), climate (such as levels of climate sensitivity and harm), and economy (such as growth and energy efficiency) to observe the corresponding effects […]

Cost-Benefit Analysis for Carbon Emissions Abatement

Cost-Benefit Analysis for Carbon Emissions Abatement Teaching Module A classroom/laboratory activity or teaching module to perform cost-benefit analysis for carbon emissions abatement, considered to be an action that will mitigate climate change. Students will learn about cost-benefit analysis, and will determine the costs and benefits of abating carbon emissions. They will also learn about the […]

Carbon Pricing Dashboard of the World Bank

Carbon Pricing Dashboard of the World Bank Classroom/Laboratory Activity An interactive visualisation tool with map, data and downloadable graphs to understand the carbon pricing initiatives of various nations over a thirty-year period from 1991 to 2021. The tool ‘Carbon Pricing Dashboard- Map & Data’ of the World Bank includes greenhouse gas emissions, carbon prices implemented […]

Stern Review: The Economics of Climate Change Part 3

Stern Review: The Economics of Climate Change Part 3 Reading A reading from the ‘Stern Review: The Economics of Climate Change’ by economist Nicholas Stern for the Government of the United Kingdom which contains discussions on the need to stabilise greenhouse gas (GHG) concentrations and the subsequents cost of doing the same. The reading is […]