Public Policy And Climate Change: Politics, Philosophy And Economics
John Quiggin
Jul 2024 · World Scientific Lecture Notes In Economics And Policy Book 20 · World Scientific
Ebook
184
Pages
family_home
Eligible
info
reportRatings and reviews aren’t verified Learn More
About this ebook
Among the 'wicked problems' facing policymakers and voters today, the threat of catastrophic climate change, also called global heating, is so challenging that it was labelled as 'super-wicked'. The scientific evidence is clear-cut, and most of the technologies needed to stabilize the global climate are well understood. But the policy response has been entirely inadequate.To understand the difficulties, we must draw on our understanding of politics, philosophy and economics, grouped together as PPE. These lectures show how the PPE disciplines can be used to improve understanding of the problems and guide a way toward their solutions.The main focus is on the critical economic concept of opportunity cost: The true cost of anything is what you must give up to get it. In a smoothly functioning market, prices determine, and are determined by, opportunity costs. But markets for the emissions that generate global heating do not operate smoothly, if they exist at all. This book explains how policy responses such as carbon taxes and emissions trading markets are products of these 'market failures'.
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
