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Economics
Economics will determine to a large extent which responses to climate change are implemented. The economic viability of a solution depends on risk assessment, intangibles, distribution of wealth, & discount rate.
Something priceless, may just prove pricey. The Guennol Lioness, a 5,000-year-old, 8.3 cm high, Mesopotamian limestone figurine, which in 2007 sold for $57 million, the highest price ever paid for a sculpture.
Sotheby's New York
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Discount Rates |
Distribution |
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Risk Assessment |
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Featured Article
Taxes on Fuel and Vehicles
Taxes on fuels are an attractive source of revenue. They amass vast sums, amounting to $1.2 trillion in 2004, or 10.8% of all revenues collected by governments. They are easier... More »
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Featured Article
Economics of Global Climate Change
Most economists agree that market forces are poorly suited to the allocation of natural resources such as Earth’s atmosphere. Market forces refer to the influence of... More »
Lecture: Stephen Schneider Climate Change Mitigation...
Last Updated on 2012-08-13 at 12:10
This video is of a lecture that Stephen Schneider presented a number of times. It covers climate change from a risk perspective, discussing the underlying science,... More »
IPCC Fourth Assessment Report, Working Group III:...
Last Updated on 2012-07-30 at 14:41
Originally published by our Content Partner: Intergovernmental Panel on Climate Change (other articles)
Residential and commercial[1] buildings
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Hazard and Operability Study
Last Updated on 2012-07-27 at 08:05
A Hazard and Operability Study (HAZOP) is a simple, structured methodology for identifying, evaluating and prioritizing potential hazardous occurrences in an... More »
Cost-Benefit Analysis for Climate Change
Last Updated on 2012-07-09 at 22:08
Mitigation of greenhouse gas emissions may require large (priced at greater than $100 million), government sponsored projects. Governments, in theory, choose the course of... More »
Air quality in a changing climate
Last Updated on 2012-05-07 at 19:27
This Editorial, written by Dan Costa*, appeared first in Environmental Health Perspectives—the peer-reviewed, open access journal of the National Institute of... More »
The Discount Rate: How Much Should the Government...
Last Updated on 2012-05-07 at 18:58
Banks lend money at interest rates that incorporate the risk of nonpayment, the rate of inflation, and a decent rate of return on investment. In contrast, government borrowing... More »
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