This video lecture by William Nordhaus on the economics of climate change. This is a comprehensive video on the impacts of climate change and its effect on the economy, along with a focus on economic policy for climate mitigation and adaptation.
Students will be introduced to the economics of climate change. They will learn about carbon pricing and its alternatives, use of subsidies, cap & trade, and taxation as potential climate solutions. Students will also be able to establish a link between economics and public policies and learn to integrate human economy and climate change.
Use this tool to help your students find answers to:
- What is the economics of climate change?
- What is carbon pricing?
- How can economic policies help mitigate climate change?
- What is the cost of policy uncertainty on climate change?
About the Tool
|Tool Name||William Nordhaus: The Economics of Climate Change|
|Topic(s) in Discipline||Economics of Climate Change, Climate Economics, Demand and Supply, Carbon Pricing, Carbon Tax, Cap and Trade, Cost Benefit Analysis|
|Climate Topic||Energy, Economics and Climate Change; Policies, Politics and Environmental Governance|
|Type of Tool||Video (64 mins)|
|Developed by||Becker Friedman Institute, University of Chicago|