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Risk, Uncertainty, and Economics for a Warming World
Yale University Press
October 2013
On Sale: October 1, 2013
392 pages ISBN: 030018977X EAN: 9780300189773 Kindle: B00G2C1374 Hardcover / e-Book
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Non-Fiction
Climate change is profoundly altering our world in ways that
pose major risks to human societies and natural systems. We
have entered the Climate Casino and are rolling the
global-warming dice, warns economist William Nordhaus. But
there is still time to turn around and walk back out of the
casino, and in this essential book the author explains how. Bringing together all the important issues surrounding the
climate debate, Nordhaus describes the science, economics,
and politics involved—and the steps necessary to reduce the
perils of global warming. Using language accessible to any
concerned citizen and taking care to present different
points of view fairly, he discusses the problem from start
to finish: from the beginning, where warming originates in
our personal energy use, to the end, where societies employ
regulations or taxes or subsidies to slow the emissions of
gases responsible for climate change. Nordhaus offers a new analysis of why earlier policies, such
as the Kyoto Protocol, failed to slow carbon dioxide
emissions, how new approaches can succeed, and which policy
tools will most effectively reduce emissions. In short, he
clarifies a defining problem of our times and lays out the
next critical steps for slowing the trajectory of global
warming.
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