Global Warming- A Negative Externality
Global Warming- A Negative Externality Video A short video by Hoesung Lee, Korea University and vice-chair of the Intergovernmental Panel on Climate Change (IPCC) on carbon pricing and climate change. The video discusses the importance of putting a price on carbon emissions and related activities since climate change is an example of a global externality. […]
Long-term Cost of Climate Change
Long-term Cost of Climate Change Reading A reading by Louise Lerner, The University of Chicago, that summarises the economic cost of carbon as viewed from the perspective of geologists. This research challenges the traditional cost of carbon, which has been priced at $100 per ton of carbon emission, by stating the cost of carbon to […]
Marxism and Carbon Markets
Marxism and Carbon Markets Reading A reading titled ‘Greening Capitalism? A Marxist Critique of Carbon Markets’ by Steffan Bohm, Maria Misoczky and Sandra Moog that discusses a Marxist assessment of carbon markets and their role in the evolution of global capitalism and climate change. The reading discusses four major marxist concepts: metabolic rift, capitalism and […]
Introduction to Carbon Pricing
Introduction to Carbon Pricing Reading A reading by the World Bank Group that introduces what is carbon pricing and discusses the link between carbon pricing and climate change policies. The reading includes sections on Main types of carbon pricing International carbon pricing Regional, national and subnational carbon pricing Internal carbon pricing How to do carbon […]
Economic Recovery post COVID-19
Economic Recovery post COVID-19 Reading: A policy brief by The Grantham Research Institute on Climate Change and the Environment, London School of Economics and Policy and the Centre for Climate Change Economics and Policy (CCCEP), University of Leeds on the significance of carbon pricing for reducing carbon emissions in the context of post COVID-19 pandemic […]
Climate Change and Real Estate Pricing
Climate Change and Real Estate Pricing Audio An audio interview that introduces the effects of climate change on real estate pricing. This interview is by Climate Cast, MPR News, with Ed Walter, Urban Land Institute Global CEO. Students will learn how real estate firms view climate change and how rising sea levels, storm surges, and […]
Shadow Price and Social Cost of Carbon
Shadow Price and Social Cost of Carbon Reading A reading titled ‘The Social Cost of Carbon and the Shadow Price of Carbon’ by Richard Price, Simeon Thornton and Stephen Nelson Department for Environment, Food and Rural Affairs (Defra), London, that discusses the topics of social cost of carbon (SCC) and shadow pricing of carbon (SPC) […]
Pollution Permits and Opportunity Costs
Pollution Permits and Opportunity Costs Reading A reading by Holt et al. in the International Review of Economics Education, provided by The Economics Network, UK, that can be used for a classroom/laboratory activity to teach your students to identify and account for opportunity costs in production decisions. Students will learn about opportunity costs and tradable […]
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 […]