Princeton university press princeton and oxford gernot wagner. The economic consequences of a hotter planet by gernot wagner and martin l. In climate shock, gernot wagner and martin weitzman discover in full of life, transparent phrases the most probably repercussions of a warmer planet, drawing on and increasing from paintings formerly unavailable to normal audiences. If you had a 10 percent chance of having a fatal car accident, youd take necessary precautions. The economic consequences of a hotter planet gernot wagner for kindle. Conquering stagflation, weitzman proposed that a main cause of stagflation is paying workers a fixed wage, regardless of how the company is. The economic consequences of a hotter planet, by gernot wagner and martin weitzman, princeton university press, rrp. In climate shock, gernot wagner and martin weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work. Climate shock princeton university press, princeton, new jersey, 2015, 264 pp. It also notes that the expected increase due to global warming is just 0. Conquering stagflation, income, wealth, and the maximum principle, and, most recently, climate shock, jointly with gernot wagner. If youre looking for a free download links of climate shock. The best reason for taking out a planetary insurance policy is the nonnegligible likelihood of climate changes that are.
Climate shock princeton, 2015, joint with the late martin weitzman. They show that the longer we wait to act, the more likely it. Climate change mitigation, environmental sustainability, and. If you had a 10 percent chance of having a fatal car. Most everything we know tells us climate change is bad. Apr 18, 2017 in climate shock, gernot wagner and martin weitzman discover in full of life, transparent phrases the most probably repercussions of a warmer planet, drawing on and increasing from paintings formerly unavailable to normal audiences. With a new preface addressing recent developments wagner and weitzman.
Carbon dioxide emissions continue to grow and accumulate in the atmosphere. We insure our lives against an uncertain futurewhy not our planet. While there he was a member of the faculty of the school of international and public affairs, columbia university, and he wrote climate shock 2015, a book emphasizing the importance of risk and uncertainty for prompting action on climate change. In climate shock, gernot wagner and martin weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from. Most scientists say that climate change is a very serious problem. Climate change plays out over centuries, and choices over centuries are extraordinarily. Climate shock looks at the key issues in climate change and climate change policy and recommends what actions readers can take to help prevent devastating outcomes. The economic consequences of a hotter planet pdf, epub, docx and torrent then this site is not for you. The most eyeopening figure in climate shock is wagner and weitzmans own analysis that the likelihood of an indisputable global catastrophe defined as an eventual global average temperature increase of more than 6 degrees celsius 11 degrees fahrenheit occurring as a result of climate. Wagner and weitzman do not discuss whether climate change is happening or not, and focus directly on the solutions available to curb global warming. In climate shock the authors take the debate on climate change a step forward.
The authors are very good at arguing that uncertainty is not an excuse for doing nothing or for a waitandsee policy. So observe environmental defense fund economist wagner but will the planet notice how smart economics can save the world, 2011, etc. In climate shock, gernot wagner and martin weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general audiences. They show that the longer we wait to act, the more likely it is that an extreme event will happen. In climate shock, gernot wagner and martin weitzman explore in lively, clear terms the likely. Padmgp 2472 climate economics spring 2020 robert f. Wagner and weitzman offer an accessible, cleareyed analysis of the subject that will immunize readers from the chicken littles, conspiracy theorists and snake oil salesmen who tend to dominate the nascent debate over the benefits and costs of engineering away the impact of greenhouse emissions. The average global temperature in 2014 was the highest recorded over the last century and a half. Wagner and weitzman dont hold back from explaining complicated topics and their arguments are backed by references from the latest scientific and economic literature. Climate change has become the premier environmental issue facing the globe. Wagner and weitzman show the urgent need for factbased, rational analysis of big environmental challenges so that we can move forward in the quickest and most practical way possible. They refute the solution that appears to have the most supporters namely, geoengineering which means. In climate shock gernot wagner and martin weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general audiences.
Wagner was an economist at the environmental defense fund from 2008 to 2014 and lead senior economist from 2014 to 2016. The economic consequences of a hotter planet, princeton. Wagner and weitzman help readers understand that we need to think about climate change in the same way that we think about insuranceas a risk management problem, only here on a global scale. They show that the longer we wait to act, the more likely an extreme event will happen. Risk, uncertainty, and economics for a warming world william nordhaus and climate shock. Why the struggle against climate change failedand what it means to our future, new york. In this event, wagner, senior economist at the environmental defense fund, argues that the longer we wait to act. Everyday low prices and free delivery on eligible orders. Sep 11, 2015 the actual reason uncertainty provides the best case for swift action, as explained in excruciating detail in climate shock, is the fat tail of risk emphasized by wagner and weitzman and by me in the esquire piece. Yet virtually no progress has been made in convincing the general public.
There is one implication of the timescale of climate change that has been obvious from the word gothe discount rate matters. Weitzman climate shock the economic consequences of a hotter planet princeton university press, princeton, new jersey, t2015, 264 pp. The economic consequences of a hotter planet by gernot wagner and martin weitzman comes into its own here, emphasizing the centrality of uncertainty and the role of climate policy as planetary risk management. The actual reason uncertainty provides the best case for swift action, as explained in excruciating detail in climate shock, is the fat tail of risk emphasized by wagner and weitzman and by me in the esquire piece. Pdf climate shock the economic consequences of a hotter. Demonstrating that climate change can and should be dealt with and what could happen if we dont do so climate shock tackles the defining environmental. Beginning with week 2 of the course, come prepared to class having done the readings for the day, including any lecture notesslides. Most everything we dont know tells us its probably much worse. Mar 18, 2015 in climate shock, gernot wagner and martin weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general audiences.
This informative, convincing, and easily read book offers general audiences the basic case for global climate mitigation. All of those will be available online via the course website. The economic consequences of a hotter planet by wagner, gernot, weitzman, martin l. In climate shock, gernot wagner and martin weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to. Climate shock the economic consequences of a hotter planet. Inclimate shock, gernot wagner and martin weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general audiences.