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Topic: Economics of global warming


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In the News (Sat 6 Sep 08)

  
 Native Forest Council: News
However, the exact pace of global warming, as well as the size of mankind's contribution to the warming trend, remain uncertain.
So he can certainly not be accused of minimising the pain of global warming for future generations, nor of hyping the economic costs of abatement in the near future.
Even on his analysis, with many assumptions very favourable to aggressive abatement strategies, the economic benefits of reducing global warming are not felt in any of the three policy regimes until around 2100 and the costs are felt immediately.
www.forestcouncil.org /tims_picks/view.php?id=65   (989 words)

  
 Eric Rasmusen’s Weblog » Global Warming
A new thought on global warming: even if there is a 10% chance of bad things happening because of global warming, we should have a plan to deal with it.
Most of the climate community has agreed since 1988 that global mean temperatures have increased on the order of one degree Fahrenheit over the past century, having risen significantly from about 1919 to 1940, decreased between 1940 and the early ’70s, increased again until the ’90s, and remaining essentially flat since 1998.
When we worry about global warming, most of us are worrying about increases in summer temperatures, especially in the tropics, where life could become unbearable, or in the polar regions, where the ice would melt.
www.rasmusen.org /x/category/science/global-warming   (776 words)

  
 EconLog, Global Warming and Models, Arnold Kling: Library of Economics and Liberty
Even if we attribute all warming over the past century to man made greenhouse gases (which we have no basis for doing), the observed warming is only about 1/3-1/6 of what models project.
His point is that the models generally tend to predict more global warming than what we have observed, so that they are inherently alarmist.
Global warming is a political slamdunk as long as the media stays on the bandwagon.
econlog.econlib.org /archives/2006/08/global_warming_6.html   (1395 words)

  
 International Center for Technology Assessment (CTA): Global Warming & Air Pollution
The overwhelming consensus of climate scientists is that this global warming is due to human emissions (from automobiles, power plants, agriculture, etc.) of greenhouse gases, such as carbon dioxide, nitrous oxide, and methane.
Furthermore, the warming trend is all but certain to continue throughout the coming century and beyond.
To limit the impacts of global warming and its effects on the climate, it is crucial that we drastically reduce our emissions of greenhouse gases.
www.icta.org /global/warm.cfm   (403 words)

  
 Economics of global warming - Wikipedia, the free encyclopedia
The economics of global warming relates to the size and distribution of the economic costs and benefits of global warming and of a variety of actions aimed at the mitigation of global warming.
The costs of mitigating (reducing) global warming depend on a number of factors.
The costs and benefits of global warming are distributed quite unequally.
en.wikipedia.org /wiki/Economics_of_global_warming   (1704 words)

  
 Environmental Economics: Global Warming and Sustainability
Regardless of which scenario we are in, global warming presents us with large distributional and equity issues because the richer nations by and large have the capacity to deal with global warming while the poorer nations do not.
In the end, global warming presents us with very tough choices based on a huge range of scenarios that are highly uncertain.
Economics is about trade-offs at its core and with global warming most environmentalists want to focus only on the trade-offs of inaction, and not the trade-offs of action.
www.env-econ.net /2006/08/global_warming_.html   (4043 words)

  
 Global warming - Wikipedia, the free encyclopedia
An increase in global temperatures is expected to cause other changes, such as a rising sea level due to thermal expansion of the ocean in addition to melting of land ice.
Some effects of global warming themselves contribute directly to further global warming, in a vicious circle, the nature of which may be difficult to predict in advance.
However, warming at the end of the last glacial period is thought not to be due to methane release [79].
en.wikipedia.org /wiki/Global_warming   (8076 words)

  
 EclectEcon - Global Warming
If so, then the current global warming (if it exists [despite what Al Gore and many scientists might say]) may be the result of this same cycle and not be related to human action at all.
The device of using different characters to deliver the speeches is certainly preferable to the economics novels in which the hero does all the lecturing and quickly becomes boring to the point that you wonder why he has any friends [see Murder at the Margin, or The Invisible Heart].
The apparent theme of the novel is that all the global warming science suggests that there is little or no reason to think that (a) global warming is serious or (b) whatever global warming is taking place is human-induced.
econoclectic.powerblogs.com /global_warming   (4308 words)

  
 Scientists propose global warming economics; economist knocks global warming science   (Site not responding. Last check: 2007-10-20)
The debate over whether there is a significant threat of global warming, and if so what should be done about it, Schneider said, grows louder as the United Nations Conference on Environment and Development in June gets closer.
Schneider argued that in assessing the risk of global warming, the most important question now is not whether the outcome is absolutely certain, but whether we can afford to lose.
After the debate, slides of the Arctic were projected on the auditorium screen, casting the question of global warming in yet another light - the possible impact of global warming on unique ecosystems.
www.stanford.edu /group/news/relaged/920414Arc2293.html   (950 words)

  
 Some Economics of Global Warming
Demography, economics, biology, and the technology sciences are needed to project emissions, atmospheric chemistry, oceanography, biology, and meteorology are needed to translate emissions into climates; biology, agronomy, health sciences, economics, sociology, and glaciology are needed to identify and assess impacts on human societies and natural ecosystems.
To the first question, the answer is that average global temperature--summer and winter, both hemispheres, night and day--has apparently risen by half a degree in the last hundred years, but whether "as predicted" depends on what qualifications one reads into the predictions.
And if they deal with global emissions, they have to make some assumption about the distribution of abatement efforts among nations, especially among the developing countries, which, including China, account for about a quarter of emissions now and would be expected to account for half by the middle of the next century.
sedac.ciesin.org /mva/iamcc.tg/articles/SC1992/SC1992.html   (7928 words)

  
 The Economics of Global Warming-Excerpts
As analyzed in detail in annex 7A of this study, Nordhaus then estimates the benefits of avoiding damage from global warming, and identifies the optimal amount of cutback in emissions of greenhouse gases, where marginal benefits equal marginal costs.
As discussed in chapter 3, Nordhaus arrived at direct estimates of damage from global warming equal to l/4 percent of GDP for benchmark carbon-dioxide-equivalent doubling, and he suggested 1 percent of GDP as a central damage estimate and 2 percent for high damage.
T is cumulative greenhouse warming; subscript t indicates the year; M is the atmospheric stock of anthropogenic greenhouse gases (carbon-equivalent); and the overdot indicates a change in the variable in question.
sedac.ciesin.org /mva/DICE/WC1992.html   (4470 words)

  
 Global Warming International Center - Home
Kyoto is meant as a tiny first step by rich nations to slow global warming that many scientists say could spur more heatwaves, droughts, floods, more powerful storms and swamp coastal areas by melting ice sheets in Antarctica and Greenland.
Global Warming International Center (GWIC) is a non-profit organization of scientists, policy makers, and scholars committed to driving scientific research and innovative policy development on climate change science.
At the 16th Global Warming International Conference, held in New York City, Dr. Hayes noted that the definition of health adopted by the WHO predates the advent of global climate change research and human genome research.
www.globalwarming.net   (1867 words)

  
 Ecological Economics: Global Warming Problem Political, Not Economic
The Economist, Global Warming, Economic Cooling [10/30/06]: SIR NICHOLAS STERN, the head of the British Government Economic Service, has produced the world’s first big report on the economics of climate change.
First, the science has changed, and global warming seems to be happening faster than was previously believed.
Global output is likely to be around 1% lower by 2050 than it otherwise would have been.
forestpolicy.typepad.com /ecoecon/2006/10/global_warming_.html   (970 words)

  
 Global warming
A discussion of global temperature trends to the end of 1999 can be obtained HERE.
Plots and discussion of global and hemispheric temperatures to end of 1997 can be viewed HERE.
Probably the premier source for contrarian science and strong economic and social arguments against committing to a policy of reduced "greenhouse gasses".
www.marathon.uwc.edu /geography/100/glowarm.htm   (592 words)

  
 David Smith's EconomicsUK.com: Getting far too heated about global warming
This global warming is due to an increase in so-called greenhouse gases - mainly carbon dioxide (CO2) but also others - in the atmosphere.
On the central facts of the global warming case, Lindzen notes that the mean global surface temperature has increased by just 0.6 degrees (centigrade) over the past century, during a time in which greenhouse gas emissions in the industrial countries increased sharply.
Among the uncertainties the Lords committee had to grapple with was why global temperatures cooled from the 1940s to the 1970s, much of it a “golden age” for the world economy.
www.economicsuk.com /blog/000327.html   (1324 words)

  
 The White Rose Global Warming Page
We are beginning to experience the first effects from global warming and they point to a future crisis if not a total collapse of the earth's ecosystems.
The photo at the left shows a coral reef, just one of the ecosystems that are threatened by global warming.
Water and Global Warming: The water cycle is the shortest cycle known in nature.
www.spiritone.com /~gdy52150/gw.htm   (705 words)

  
 Book Reviews
The Economics of Global Warming, edited by Tom Tietenberg, a leading US environmental economist, provides a thorough overview of the contribution of economic theory until 1995 to the debate on global warming.
This part examines efforts to value the damages caused by global warming, to calculate the costs of reducing the release of greenhouse gas emissions into the atmosphere, and to search for optimal response strategies by comparing both the costs and the benefits of taking action.
Most studies that estimate the damages caused by global warming have focused on the agricultural sector.
www.ejil.org /journal/Vol9/No4/br4.html   (1145 words)

  
 EconLog, Economics of Global Warming (2002-08-02): Library of Economics and Liberty
The cost of predicted global warming, if climate models are to be believed, would be about $900 billion in 2100.
It means that the world will spend thousands of billions of dollars over the next 100 years to prevent global warming, at the end of which it would have to pay the costs of global warming anyway, if it materializes.
Therefore, relative to GDP, the cost of dealing with global warming in the future is much lower than preventing it today.
econlog.econlib.org /GQE/gqe238.html   (367 words)

  
 SpeckBlog » Global Warming   (Site not responding. Last check: 2007-10-20)
Thus, although the conflicted state of the affair was accurately presented in the 1996 text of the Intergovernmental Panel on Climate Change, the infamous “summary for policy makers” reported ambiguously that “The balance of evidence suggests a discernible human influence on global climate.” This sufficed as the smoking gun for Kyoto.
I’m of the opinion that Global Warming, at least the notion that human activity is a threat to our continued existence on the planet, is a massive hoax.
The linked article is an article arguing that the vast majority of warming is caused by water vapor and that man’s activity could not possibly significantly impact global climates.
speckblog.com /index.php/?cat=20   (619 words)

  
 Global Warming Research: Science, Solutions, Economics, Climate Change Policy
Global warming poses an extraordinary challenge.  The world's leading atmospheric scientists tell us that a gradual warming of our climate is underway and will continue.  This long-term warming trend poses serious risks to our economy and our environment.
On the long road ahead, the Pew Center on Global Climate Change is dedicated to providing credible information, straight answers, and innovative solutions to address global warming.
This section of our site houses The Pew Center’s multi-faceted research and comprehensive analysis on global warming science, economics, policy, and solutions.  We hope that our work will help you contribute to meeting the complex challenge of global warming.
www.pewclimate.org /global-warming-in-depth   (185 words)

  
 International Center for Technology Assessment (CTA): Global Warming & the Environment
Emissions of carbon dioxide and other greenhouse gases are warming the Earth's surface temperature and changing the planet's climate.
A broad range of human activities--from driving cars to producing electricity, from clearing forest lands to engaging in industrial agriculture--all contribute to the problem.
Global warming is not something we can simply clean up.
www.icta.org /global/index.cfm   (373 words)

  
 Environmental Economics: Could Global Warming Be Worse Than You Think?
Following up on the Krugman post on Exxon and global warming, Scientific American's blog discusses the extent to which climate models have been tested against the data and summarizes recent research on this issue indicating the problem may be more severe than present models suggest.
This post notes, briefly, the similarity between monetary policy and policy to address global warming when model uncertainty is present and has a summary of the Scientific American discussion.
Economics and Contemporary Land Use Policy: Development and Conservation at the Rural-Urban Fringe
www.env-econ.net /2006/04/could_global_wa.html   (690 words)

  
 Economics of Global Warming
What are the potential costs of cutting greenhouse gas emissions?  Can these emissions be reduced without sacrificing economic growth or our standard of living?  These questions are frequently raised as the United States and other nations respond to the challenge of climate change.
The objective of the Pew Center’s Economics Program is to advance public and private policy-makers’ understanding of the complex interactions between the climate change problem and the economy.  We work to inform this understanding by bringing sound, credible analysis to the discussion of potential costs and benefits of climate change policy.
The Pew Center is undertaking a multi-year modeling effort to improve the economic modeling of climate policies and to generate robust and insightful analyses of various proposals as they are debated.
www.pewclimate.org /global-warming-in-depth/economics   (334 words)

  
 Environment & Global Warming at centerblue.org
In one of the direst forecasts yet of what global warming holds in store for the planet, Britain’s top climate scientists are predicting that a third of the planet’s surface will be a desert from extreme drought by 2100, unable to support agriculture.
In the face of an inexcusable lack of action on the part of the federal government, the onus of reducing global warming emissions has fallen on the individual states.
Due to the federal government’s disgusting lack of action in the face of incontrovertible evidence about global warming, states and cities are taking matters into their own hands and moving aggressively to curb emissions.
centerblue.org /category/environment-and-global-warming   (1099 words)

  
 Global warming: Science, economics, politics
College Station — The science, economics and politics of global warming will be the focus of a Texas A&M University conference Friday (April 6) aimed at providing policy makers with an objective, non-technical analysis of the present and future implications of climate change.
Featured speakers are experts on the topic of global climate change from the diverse fields of botany, climatology, economics, systems modeling and political science.
Leading scientific and economic experts from Texas A&M, Duke, Stanford and Yale will speak on subjects ranging from weather patterns to economic damages resulting from global warming.
www.eurekalert.org /pub_releases/2001-04/TAU-GwSe-0204101.php   (327 words)

  
 The Skeptics Society Forum :: View topic - Global Warming and… Economics
Actually we can’t answer that… because the sustainable population level is a completely different figure depending on whether we use energy and resources at the USA per capita level, or an African level, (or a different level in between)
This is the current accepted economic paradigm, and (to me), it's very strange.
We also can't ignore that the global temps have been increasing since the "Little Ice Age", so adaptation has been an on-going (and seemingly successful) process.
www.skepticforum.com /viewtopic.php?p=74763   (1018 words)

  
 Economics of Global Warming   (Site not responding. Last check: 2007-10-20)
I am interested in hearing thoughts on how an economic analysis like this can be further applied to corporate balance sheets.
Unfortunately the Irresistible Force of debt-driven Economic Growth is now running up against the Immovable Object of the limited availability of liquid fuels to support it.
In other words Stern bases his critique on an unsustainable monetary system, and a "broken" enterprise model and ignores the fact that the Emperor is wearing no clothes....
www.omidyar.net /group/community-general/news/1542/?page=1   (352 words)

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