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Abrupt Climate Change: Time Is Tight

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  • Jan-Erik Lane

Abstract

The new theme of abrupt climate change (¡°Hawking tipping point¡±) must be taken up by global coordination ¨C the UNFCCC, IPCC and the G20. The only policy response is to reinforce the COP21 project, and start managing its quick implementation of decarbonisation. A more decisive climate change policy ¨C no coal or charcoal, solar power parks, and possibly carbon capture ¨C may not guarantee the goal of + 2 degrees Celsius, but it may help avoid climate chaos. Only global coordination can break through the resistance of markets in the rich countries and governments in the Third World together with vibrant civil society. The large COP21 Secretariat must become a management agency for rapid decarbonisation with support from other global bodies (WB, IMF) and the G20.

Suggested Citation

  • Jan-Erik Lane, 2018. "Abrupt Climate Change: Time Is Tight," Applied Economics and Finance, Redfame publishing, vol. 5(4), pages 127-139, July.
    • Handle: RePEc:rfa:aefjnl:v:5:y:2018:i:4:p:127-139
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    References listed on IDEAS

    as
    1. Ramesh, Jairam, 2015. "Green Signals: Ecology, Growth, and Democracy in India," OUP Catalogue, Oxford University Press, number 9780199457526.
    2. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    abrupt climate change; Arctic ice meltdown; methane emissions from permafrost; positive feedback lopes. Hawking tipping point;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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