IDEAS home Printed from https://ideas.repec.org/a/avo/emipdu/v19y2010i2p311-329.html
   My bibliography  Save this article

The Economics Of The Fight Against Climate Change

Author

Listed:
  • Tjasa Redek

    (University of Ljubljana)

Abstract

The paper analyzes the economic perspectives of dealing with climate change. Recent data shows that concentration of greenhouse gasses significantly increased since industrial revolution, which is causing temperature increases and consequently many unfavourable developments. There are three options to dealing with climate change: (1) do nothing, (2) try to adapt and (3) fight against climate change. Each option is related to some economic costs. The article presents a review of estimates of economic costs related with each option.

Suggested Citation

  • Tjasa Redek, 2010. "The Economics Of The Fight Against Climate Change," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 19(2), pages 311-329, december.
    • Handle: RePEc:avo:emipdu:v:19:y:2010:i:2:p:311-329
    as

    Download full text from publisher

    File URL: https://hrcak.srce.hr/clanak/93383
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. John D. Sterman & Linda Booth Sweeney, 2002. "Cloudy skies: assessing public understanding of global warming," System Dynamics Review, System Dynamics Society, vol. 18(2), pages 207-240, June.
    2. Ackerman, Frank & Stanton, Elizabeth A., 2008. "A comment on "Economy-wide estimates of the implications of climate change: Human health"," Ecological Economics, Elsevier, vol. 66(1), pages 8-13, May.
    3. Grimaud, Andre & Tournemaine, Frederic, 2007. "Why can an environmental policy tax promote growth through the channel of education?," Ecological Economics, Elsevier, vol. 62(1), pages 27-36, April.
    4. Sterman, John & Booth Sweeney, Linda, 2002. "Cloudy Skies: Assessing Public Understanding of Global Warming," Working papers 4361-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    5. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andrew Jones & Don Seville & Donella Meadows, 2002. "Resource sustainability in commodity systems: the sawmill industry in the Northern Forest," System Dynamics Review, System Dynamics Society, vol. 18(2), pages 171-204, June.
    2. Grimaud, André & Lafforgue, Gilles & Magné, Bertrand, 2011. "Climate change mitigation options and directed technical change: A decentralized equilibrium analysis," Resource and Energy Economics, Elsevier, vol. 33(4), pages 938-962.
    3. Felix J. Formanski & Marcel M. Pein & David D. Loschelder & John-Oliver Engler & Onno Husen & Johann M. Majer, 2022. "Tipping points ahead? How laypeople respond to linear versus nonlinear climate change predictions," Climatic Change, Springer, vol. 175(1), pages 1-20, November.
    4. Gürsu Aşιk & Zerrin Doğança Küçük, 2021. "Metacognition in action as a possible explanation for stock‐flow failure," System Dynamics Review, System Dynamics Society, vol. 37(4), pages 253-282, October.
    5. Varun Dutt & Cleotilde Gonzalez, 2012. "Human control of climate change," Climatic Change, Springer, vol. 111(3), pages 497-518, April.
    6. repec:cup:judgdm:v:12:y:2017:i:3:p:314-327 is not listed on IDEAS
    7. Juliette N. Rooney-Varga & Florian Kapmeier & John D. Sterman & Andrew P. Jones & Michele Putko & Kenneth Rath, 2020. "The Climate Action Simulation," Simulation & Gaming, , vol. 51(2), pages 114-140, April.
    8. Tinsley, Ty L. & Chumbley, Steven & Mathis, Clay & Machen, Richard & Turner, Benjamin L., 2019. "Managing cow herd dynamics in environments of limited forage productivity and livestock marketing channels: An application to semi-arid Pacific island beef production using system dynamics," Agricultural Systems, Elsevier, vol. 173(C), pages 78-93.
    9. Anderson, Blake & M'Gonigle, Michael, 2012. "Does ecological economics have a future?," Ecological Economics, Elsevier, vol. 84(C), pages 37-48.
    10. Boschetti, Fabio & Richert, Claire & Walker, Iain & Price, Jennifer & Dutra, Leo, 2012. "Assessing attitudes and cognitive styles of stakeholders in environmental projects involving computer modelling," Ecological Modelling, Elsevier, vol. 247(C), pages 98-111.
    11. Paul M. Kellstedt & Sammy Zahran & Arnold Vedlitz, 2008. "Personal Efficacy, the Information Environment, and Attitudes Toward Global Warming and Climate Change in the United States," Risk Analysis, John Wiley & Sons, vol. 28(1), pages 113-126, February.
    12. Erik O. Sterner & Tom Adawi & U. Martin Persson & Ulrika Lundqvist, 2019. "Knowing how and knowing when: unpacking public understanding of atmospheric CO2 accumulation," Climatic Change, Springer, vol. 154(1), pages 49-67, May.
    13. Strohhecker, Jürgen & Leyer, Michael, 2019. "How stock-flow failure and general cognitive ability impact performance in operational dynamic control tasks," European Journal of Operational Research, Elsevier, vol. 276(3), pages 1044-1055.
    14. Stephen A. Spiller & Nicholas Reinholtz & Sam J. Maglio, 2020. "Judgments Based on Stocks and Flows: Different Presentations of the Same Data Can Lead to Opposing Inferences," Management Science, INFORMS, vol. 66(5), pages 2213-2231, May.
    15. Cronin, Matthew A. & Gonzalez, Cleotilde & Sterman, John D., 2009. "Why don't well-educated adults understand accumulation? A challenge to researchers, educators, and citizens," Organizational Behavior and Human Decision Processes, Elsevier, vol. 108(1), pages 116-130, January.
    16. Rosa Hendijani, 2021. "Analytical thinking, Little's Law understanding, and stock‐flow performance: two empirical studies," System Dynamics Review, System Dynamics Society, vol. 37(2-3), pages 99-125, April.
    17. Sabrina Kirschke & Jens Newig, 2017. "Addressing Complexity in Environmental Management and Governance," Sustainability, MDPI, vol. 9(6), pages 1-18, June.
    18. Shahzeen Z. Attari & Kelsey Poinsatte-Jones & Kelsey Hinton, 2017. "Perceptions of water systems," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 12(3), pages 314-327, May.
    19. Jürgen Strohhecker & Andreas Größler, 2012. "Implementing Sustainable Business Strategies," Systems Research and Behavioral Science, Wiley Blackwell, vol. 29(6), pages 547-570, November.
    20. Talyan, Vikash & Dahiya, R.P. & Anand, S. & Sreekrishnan, T.R., 2007. "Quantification of methane emission from municipal solid waste disposal in Delhi," Resources, Conservation & Recycling, Elsevier, vol. 50(3), pages 240-259.
    21. Drew Bush & Renee Sieber & Gale Seiler & Mark Chandler & Gail L. Chmura, 2019. "Bringing climate scientist’s tools into classrooms to improve conceptual understandings," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 9(1), pages 25-34, March.

    More about this item

    Keywords

    climate change; costs; mitigation; adaptation;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:avo:emipdu:v:19:y:2010:i:2:p:311-329. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nebojsa Stojcic (email available below). General contact details of provider: https://edirc.repec.org/data/oedubhr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.