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The Cost of Slowing Climate Change: a Survey

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  • William D. Nordhaus

Abstract

Policies to deal effectively and efficiently with the threat of greenhouse warming must balance the costs of slowing climate change against the potential damages. This survey discusses one half of this question, the costs of slowing climate change by reducing greenhouse gas (GHG) emissions. The analysis provides estimates of the cost of reducing chlorofluorocarbon and CO2 emissions, and inquires into the costs of using forestry options to remove CO2 from the atmosphere. A promising new approach, the use ofgeoengineering, is discussed qualitatively.

Suggested Citation

  • William D. Nordhaus, 1991. "The Cost of Slowing Climate Change: a Survey," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 37-66.
    • Handle: RePEc:aen:journl:1991v12-01-a04
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    JEL classification:

    • F0 - International Economics - - General

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