Managing The Global Commons: The Economics Of Climate Change-used

Managing The Global Commons: The Economics Of Climate Change-used

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Provides A Detailed Analysis Of The Dice Model (Dynamic Integrated Model Of Climate And The Economy) As Well As An Extensive Analysis Of The Model'S Results.Coping With The Challenges Of Global Warming Is A Daunting Task For Both Scientists And Economists, Who Must Understand Future Changes, And For Policy Makers, Who Must Ultimately Choose Policies To Balance Risks And Costs. Managing The Global Commons Presents A Unique Effort To Encompass Economic, Scientific, And Policy Aspects Of This Great Geophysical Experiment. Managing The Global Commons Provides A Detailed Analysis Of The Dice Model (Dynamic Integrated Model Of Climate And The Economy) As Well As An Extensive Analysis Of The Model'S Results. Dice Is The First Dynamic Model To Include A Closedloop System That Includes Emissions, Concentrations, Climate Change, Damages, And Emissions Controls. The Model Is Useful For Estimating The Costs And Benefits Of Different Paths For Slowing Climate Change And For Analyzing The Impact Of Control Strategies Over Time. The Analysis Contains A Number Of Methodological Advances And Major Findings Most Importantly The Construction Of A Small Model To Encompass The Primary Components Of The Climate And Economic System Within An Optimization Framework. Also Included Are New Techniques And Results Concerning The Role Of Uncertainty And The 'Risk Premium' Involved In Policies To Slow Global Warming. In Addition, The Analysis Derives A Set Of Uncertain Representative Scenarios That Summarize The Large Number Of Potential Outcomes Into A Manageable Number To Be Used Within An Optimization Framework And Incorporated Into A Contingentcommodity Framework. Nordhaus Examines Several Different Approaches To Climatechange Policy: No Controls, Economic Optimization, Geoengineering, Stabilization Of Emissions And Climate, And A Tenyear Delay In Undertaking Climatechange Policies. Among These, There Is A Modest Advantage Of An Efficient Policy Over No Controls Or A Tenyear Delay, While The Three Stabilization Options Would Impose Significant Net Costs. Overall, Nordhaus Observes, The Analysis Reveals That Even With Major Technological Breakthroughs And Stringent Controls, The Momentum Of Past Greenhouse Gas Emissions Coupled With Great Inertia In Climate Change Policy Will Lead To An Inevitable Rendezvous With Massive Climate Change.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

  • Q: How many pages does this book have? A: This book has two hundred thirteen pages. It provides an in-depth analysis of the DICE model and climate economics.
  • Q: What is the binding type of this book? A: This book is a hardcover edition. Hardcover books are known for their durability and longevity.
  • Q: What are the dimensions of the book? A: The book measures six point five inches in length, zero point seventy-five inches in width, and nine point five inches in height. These dimensions make it easy to handle and store.
  • Q: What is the main theme of this book? A: The main theme of the book is the economics of climate change. It addresses the challenges and policies related to global warming.
  • Q: Who is the author of this book? A: The author is William D. Nordhaus. He is a prominent economist known for his work on climate change and economic modeling.
  • Q: Is this book suitable for beginners in environmental economics? A: Yes, the book is suitable for beginners. It provides a comprehensive introduction to the DICE model and climate change economics.
  • Q: How can I apply the concepts from this book? A: You can apply the concepts by understanding the economic implications of climate change policies. The book offers frameworks for analyzing different strategies.
  • Q: Is there a glossary or index in this book? A: Yes, the book includes an index. This helps readers locate specific topics related to climate economics and the DICE model.
  • Q: How should I store this book? A: Store this book in a cool, dry place away from direct sunlight. This will help preserve its condition over time.
  • Q: Does this book have any safety concerns? A: No, there are no specific safety concerns associated with this book. It is intended for educational purposes.
  • Q: What if my book arrives damaged? A: If your book arrives damaged, you can contact the retailer for a return or exchange. Most retailers have policies in place for damaged items.
  • Q: How do I clean the book if it gets dirty? A: To clean the book, gently wipe the cover with a soft, dry cloth. Avoid using water or cleaning solutions.
  • Q: Is this book appropriate for children? A: No, this book is not specifically aimed at children. It addresses complex economic and environmental issues suitable for adults.
  • Q: What makes the DICE model unique? A: The DICE model is unique because it includes a closed-loop system that accounts for emissions, climate change, and economic impacts. This comprehensive approach aids in policy analysis.
  • Q: Are there any illustrations in this book? A: Yes, the book contains thirty-seven illustrations. These help to visualize complex concepts related to climate economics.
  • Q: Can this book help inform policy-making? A: Yes, the book provides insights and analyses that can inform policy-making regarding climate change and economic strategies.

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