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000249530 037__ $$a450-2016-34036
000249530 037__ $$a450-2016-34124
000249530 041__ $$aen_US
000249530 245__ $$aNordhaus, Stern, and Garnaut: The Changing Case for Climate Change Mitigation
000249530 260__ $$c2011-07
000249530 269__ $$a2011-07
000249530 300__ $$a39
000249530 336__ $$aWorking or Discussion Paper
000249530 520__ $$aToday the idea that climate change requires a gradual and moderate response no longer commands consensus support among economists. A more demanding approach is gaining ground. This paper traces the changes in economic thinking concerning the case for action on climate change, through an analysis of the work of three eminent  economists: William Nordhaus, Nicholas Stern and Ross Garnaut. It shows how from Nordhaus to Stern to Garnaut the case for more urgent and radical mitigation has been strengthened as temperature targets have been lowered and business-as-usual emissions projections raised. It also shows that Stern and especially Nordhaus, who has been working on this subject the longest, have changed their own views in favour of more urgent and radical mitigation. Some disagreements remain between these three economists, and some other economists have more moderate views, but the old consensus has been shattered.
000249530 542__ $$fLicense granted by Greta Thormodson (thorm018@umn.edu) on 2016-11-09T22:34:20Z (GMT):

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000249530 650__ $$aEnvironmental Economics and Policy
000249530 650__ $$aPolitical Economy
000249530 700__ $$aHowes, Stephen
000249530 700__ $$aJotzo, Frank
000249530 700__ $$aWyrwoll, Paul
000249530 8564_ $$s1092720$$uhttp://ageconsearch.umn.edu/record/249530/files/CCEP1107Howesetal.pdf
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  Previous issue date: 2011-07
000249530 982__ $$gAustralian National University>Centre for Climate Economics & Policy (CCEP)>Working Papers
000249530 980__ $$a450