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A Critique of Conventional Economic Approaches to Climate Change

In: Climate Change Economics

Author

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  • Jiahua Pan

    (Beijing University of Technology)

Abstract

Climate change is a typical global environmental challenge. As it is an economic issue, we need to examine its properties in economics. According to the existing economic theories, the academic circle has different opinions on climate change’s economic properties. Some scholars consider climate change an issue of externality; some view it as an issue of public goods, while others believe it is an issue of resource sharing. Different viewpoints on climate change properties lead to various theories, climate change response approaches, and policy selection choices. They also lead to different conclusions on the responsibilities and obligations of different countries.

Suggested Citation

  • Jiahua Pan, 2022. "A Critique of Conventional Economic Approaches to Climate Change," Springer Books, in: Climate Change Economics, chapter 0, pages 17-32, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-0221-5_2
    DOI: 10.1007/978-981-19-0221-5_2
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