April 28, 2024

77- The Economics of Climate Change

6 minutes

Climate change as a topic is a well-known one. However, we are going to be dissecting a paper published recently which deals with the potential economic impact of a warming world...

Sources for this episode:

Ainsworth, E. A., Lemonnier, P. and Wedow, J. M. (2019), The influence of rising tropospheric carbon dioxide and ozone on planet productivity. Plant Biology 22 (Suppl. 1): 5-11.

Balch, J. K., Abatzoglou, J. T., Joseph, M. B., Koontz, M. J., Mahood, A. L., McGlinchy, J., Cattau, M. E. and Williams, A. P. (2022), Warming weakens the night-time barrier to global fire. Nature 602: 442-448.

Dytham, C. (2011), Choosing and Using Statistics (3rd edition). Chichester: Wiley-Blackwell.

Edmonds, D. A., Caldwell, R. L., Brondizio, E. S. and Siani, S. M. O. (2020), Coastal flooding will disproportionately impact people on river deltas. Nature Communications 11: 4741.

Hughes, T. P., Kerry, J. T., et al. (2017), Global warming and recurrent mass bleaching of corals. Nature 543: 373-377.

IPCC (2018), Summary for Policymakers. In: Global Warming of 1.5°C: An IPCC Special Report on the impacts of global warming of 1.5°C above pre-industrial levels and related global greenhouse gas emission pathways, in the context of strengthening the global response to the threat of climate change, sustainable development, and efforts to eradicate poverty [Masson-Delmotte, V., P. Zhai, H.-O. Pörtner, D. Roberts, J. Skea, P.R. Shukla, A. Pirani, W. Moufouma-Okia, C. Péan, R. Pidcock, S. Connors, J.B.R. Matthews, Y. Chen, X. Zhou, M.I. Gomis, E. Lonnoy, T. Maycock, M. Tignor, and T. Waterfield (eds.)].

Jones, C., Lowe, J., Liddicoat, S. and Betts, R. (2009), Committed terrestrial ecosystem changes due to climate change. Nature Geoscience 2: 484-487.

Mace, G. M. (2014), Whose conservation? Science 345(6204): 1558-1560.

Short, J. R. (2013), Stress Testing the USA: Public Policy and Relation to Disaster Events (2nd edition). Cham, Switzerland: Springer Nature Switzerland.

Tol, R. S. J. (2018), The Economic Impacts of Climate Change. Review of Environmental Economics and Policy 12(1): 4-25.

Tol, R. S. J. (2024), A meta-analysis of the total economic impact of climate change. Energy Policy 185: 113922.

UNFCCC (2023), Conference of the Parties serving as the meeting of the Parties to the Paris Agreement. Fifth Session, agenda item 4: First global stocktake.

Author unknown, Metric Conversions (date unknown), Feet to Meters conversion: ft to m calculator (online). (Accessed 18/01/2024).

Author unknown, University of Sussex (date unknown), Richard Tol (online). (Accessed 17/01/2024).

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