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Implications of global warming: Two eras

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  • Graves, Philip E.

Abstract

Attempts to ponder meaningfully about the very long-term implications of global warming requires thinking about long-standing trends in other variables that would be expected to interact with climate change over time. One can envision two quite different “eras,” a first filled with considerable danger of both economic and environmental collapse. But—if humanity survives the first period—a second period of great promise for humanity and the global ecosystem is likely to emerge. The periods are discussed sequentially with an emphasis on the changing interactions among global climate, global population, international trade, population ageing, income growth and technological advance.

Suggested Citation

  • Graves, Philip E., 2017. "Implications of global warming: Two eras," World Development Perspectives, Elsevier, vol. 7, pages 9-14.
    • Handle: RePEc:eee:wodepe:v:7-8:y:2017:i::p:9-14
    DOI: 10.1016/j.wdp.2017.10.002
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    References listed on IDEAS

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    1. Graves Philip E, 2009. "A Note on the Valuation of Collective Goods: Overlooked Input Market Free Riding for Non-Individually Incrementable Goods," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-20, February.
    2. Nicholas E. Flores & Philip E. Graves, 2008. "Optimal Public Goods Provision: Implications of Endogenizing the Labor/Leisure Choice," Land Economics, University of Wisconsin Press, vol. 84(4), pages 701-707.
    3. Lomborg,Bjørn, 2001. "The Skeptical Environmentalist," Cambridge Books, Cambridge University Press, number 9780521010689, October.
    4. Michael E. Porter & Claas van der Linde, 1995. "Toward a New Conception of the Environment-Competitiveness Relationship," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 97-118, Fall.
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    More about this item

    Keywords

    Environmental portfolio; Environmental doomster or pessimist; Environmental boomster or optimist; Porter hypothesis; Future projections; Population projections; Income projections; Socio-demographic projections;
    All these keywords.

    JEL classification:

    • H4 - Public Economics - - Publicly Provided Goods
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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