Economics and Policy Issues in Climate Change

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The book delves into the complex economic and social dimensions of global climate change, highlighting insights from leading scholars. It builds on the 1995 IPCC report, with contributions examining critical analytical issues such as decision-making frameworks, discounting, and intergenerational equity. The text also explores specific economic implications of climate policy, emphasizing the high costs associated with mitigating climate change and the uncertainties inherent in various modeling approaches. William Nordhaus's introduction sets the stage by contextualizing the ongoing discourse on climate challenges.