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 subdivided into seven chapters, as follows:
Students will learn the cause of the rise in greenhouse gas emissions and how, due to advancement in energy technology, income growth is no longer solely dependent on emission growth. They will also learn that the benefits of climate change policies for markets and industries outweigh its costs in the long-run.
Use this tool to help your students find answers to:
|Part III: The economics of stabilisation from Stern Review: The Economics of Climate Changee
|Topic(s) in Discipline
|Climate Change Economics, Economics of Climate Change, Stern Review, Macroeconomics, Microeconomics, International Economics, Integrated Assessment Model, Cost-Benefit Analysis, Economic Policy, Competitive Market Policies
|Climate Mitigation and Adaptation, Policy, Politics and Environmental Governance, Climate Economics
|Type of tool
|Reading (pp 168 to 307) – as per table of content; (pp 213 – 352) – as per scrolling
|Grupo de Pesquisa em Mudancas Climaticas (GPMC), Brazil