Climate Solutions by Project Drawdown

Climate Solutions by Project Drawdown Reading A website resource designed and developed by ‘Project Drawdown’ that offers a sector-wise list of solutions to the climate crisis. It includes readings on specific solutions for various sectors and sub-sectors such as: Electricity: This reading summarises climate solutions for the electricity sector. It explains different technologies that generate […]

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 […]

Social Cost of Carbon

Social Cost of Carbon Reading A journal article by William Nordhaus on the critical role of the social cost of carbon (SCC) in determining climate change economics and policies. This paper estimates the SCC using the Dynamic Integrated model of Climate and the Economy (DICE model). Students will understand the application of the DICE model […]

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) […]

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 […]