Climate crisis economics
Climate Crisis Economics draws on economics, political economy, scientific literature, and data to gauge the extent to which our various communities - political, economic, business - are making the essential leap to a new narrative and policy approach that will accelerate us towards the necessary tr...
| Otros Autores: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
London, England ; New York, New York :
Routledge
2021.
[2022] |
| Edición: | 1 ed |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009866289006719 |
Tabla de Contenidos:
- Cover
- Endorsement
- Half Title
- Title Page
- Copyright Page
- Dedication
- Table of Contents
- Illustrations
- Boxes
- Acknowledgements
- Abbreviations
- Prologue: An Imagined Vision of the Near Future Without Action On Climate Change
- 1 Crises as Crucibles for Change
- Covid-19 Lessons for Our Climate Change Responses
- Leadership in Crises is Always Crucial
- Coordination is Crucial to Collective Response
- Delay is Costly - Act Now
- In Crises, What Was Once Impossible Becomes Possible
- Governments Are Our Last-Resort Actors When Disaster Strikes
- Institutions and Trusted Experts Matter in Crisis Policy Responses
- A Great Weight Can Be Borne By All Once a Crisis is Understood
- Individual Responsibility is Required to Achieve Our Goals
- Fairness is Essential and Demanded
- We Need to Find Ways to Communicate a Sense of Urgency to All
- Facts Matter and Must Be Defended and Reiterated
- Crises, Once Recognized, Can Vastly Accelerate the Rate of Societal Evolution
- Markets, Once Galvanized, Can Act and Act Fast
- Firm-level Commitment and Engagement Matter
- Crises Force a Reappraisal of What we Value
- The Structure of the Book
- Note
- References
- 2 Obscured Horizons and Middling Models
- Extend Our Horizons
- Understand the Limits of Our Models
- Is a Model Supporting the Policy Goal?
- Worry More About Fat Tail Risks
- Integrate Economics With Ethical and Moral Judgements
- A Tragedy of Horizons
- No Examples Outside Myth, Archaeology, and Ancient History
- Economic Stories Inform Our Personal and Policy Actions
- Climate Change Models - Their Limitations and Uses
- Models Are Apolitical
- Our Inputs are Not
- Rolling the DICE
- The Discount Rate Problem
- The Intergenerational Inequity Problem: We Value Future Generations - Don't We?.
- Will We All Be Wealthier Tomorrow? The Growth Assumption Problem
- The Rising Cost of the Economic Catastrophes to Come: The Damage Function Problem
- Ecosystem Collapse is Not a Minor Matter
- Unbearable Heatwaves
- Rising Tides and Howling Typhoons
- Not Only the Poor Pay for Climate Denial
- Wildfires Scorch the Globe
- Fat Tails and Tipping Points: A Pessimists' Confession
- Sudden Leaps and Nonlinearity Are Not an Economist's Best Friend
- Climate Change is Slow, Then Fast
- Some Locations Already Have Experienced Tipping Points
- Climate Crisis Economics Must Include Local Tipping Points and Global Fat Tails
- Time to Act, Test Models, and Use All Available Policy Levers
- A Return to Adam Smith as Moral Philosopher
- We Need a Homo Economicus Sympatico
- Appendix 2.1
- Notes
- References
- 3 Setting Targets, Pricing Carbon, and Punishing Laggards
- Set Ambitious Long-Term Targets and Match Them With Clear Interim Steps and Plans
- Europe's Regreening and Rebuilding
- A Chinese Commitment With Potentially Momentous Impact
- Biden's Green New Deal - a Start, Finally
- Leadership at Last
- California's Demonstration of What is Possible With Leadership
- What of the Laggard States?
- At COP26, Governments Must Make the Leap On Enforceable and Rising Carbon Pricing
- Pricing Can Trigger Rapid Changes in Behaviours
- Time to Announce a 'C-Day'
- The Price of Carbon - Set a Minimum, a Timeline, and an Adjustable Glidepath
- Cap-and-trade Schemes
- Europe's ETS - the World Leader, Despite Troubles
- China's ETS - a Lot of Room to Grow
- Whither the US On Carbon Pricing
- A Thin Regional Patchwork, With Some Successes
- A National US ETS is Needed
- Learn Lessons and Apply Them Globally and Locally
- Carbon Prices: How High is High Enough?
- COP26 and Carbon Pricing's Tipping Point
- Can We Get Agreement at COP26?.
- Construct a Coalition of the Willing
- Free Riders Should Be Punished With a Carbon Border Adjustment Tariff
- Could It Be Done?
- Enforcement Will Be Necessary for Consensus Or Coalition
- Strike the Deal, Delegate National Market Regulators to Act, and Report and Review
- Shifting Incentives Across All Sectors
- Note
- References
- 4 Demographics, the Changing Investment Narrative Landscape, and Market Incentives
- The Gen X and Millennial Green Wave
- New Investors Demanding a Greener Future
- Shifting Signals: Green is Becoming Synonymous With Sound Investments
- A Green ESG Wave No One Can Ignore
- Firms Need to Get On Board and Set Net-Zero Goals
- Finance and the Net-Zero Transition
- Business Leaders Are Waking Up to the Net-Zero Requirement and the Rising ESG Wave
- Shifting Business Strategies Towards Net-Zero Goals Pays Off
- Ensuring the Markets Bend the GHG Emissions Curve Towards Net Zero
- Disclosure and Transparency - What's Not to Like?
- Make TCFD Mandatory Across the Globe
- Metrics Matter for the Economy and the Planet
- New Markets and Opportunities - Parental Oversight Required
- The Urgent Need for Reliable Offset Markets
- Vigilance Against Abuse and Misuse
- Emerging Markets and Green Investments
- An Evolving Market, Properly Overseen, Will Draw Us Towards Our Net-Zero Goal
- Appendix 4.1
- Appendix 4.2
- References
- 5 Building a Decarbonized World: Institutional Innovations That Reinforce Market Outcomes
- Green Institutions for a Sustainable Tomorrow
- Self-reporting and Monitoring Without Enforcement Are Not Enough
- We Should Create a World Carbon Organization
- Replicate WTO Success in the Carbon Pricing Space
- The WCO Could Adjudicate and Establish Norms
- Monitoring New Markets
- Why We Need National Carbon Banks.
- Creating Strong, Independent NCBs in Every Country Would Have Many Benefits
- The Importance of Independence
- Accountability … of Course
- Institutional Innovation in Support of Green Globalization 2.0
- Searing Reality Intervenes
- Build the Architecture of a Green, Decarbonized Tomorrow
- Notes
- References
- 6 A Greening of Industrial Policy: Speeding Diffusion and the Achievement of Net Zero
- Public Policy as Enabler, Supporter, and Backer
- Diffusion Rates, Technology Costs, Innovation, and the Net-Zero Transition
- Diffusion Comes in Waves
- Innovation is Not Episodic But, Rather, is Progressive and Iterative
- Major, Dramatic, and Ongoing Shifts Are Needed in All Industries and Sectors
- An End to Fossil Fuel Subsidies
- An Energy Transition Underway
- Coal is (Almost) Down and Out - in Some Markets
- A Sunnier and Windier Outlook
- Wind is Now Competitive Without Subsidies
- First Movers With the Wind Behind Them
- An EV Transport Revolution in Motion
- Battery Costs Are Falling Fast, Speeding the Transition and Steepening the S-Curve
- Agriculture and Farmers Find the Transition Tough
- Adaptation and Technology Improvement
- Scrap That Old Tractor
- New Crops to Lower Emissions
- Growing Rice But Limiting Methane
- Better Farming Practices Mean Better Outcomes
- Align Incentives With Environmental Goals
- We Need to Change What We Eat
- Industrial Manufacturing and Processes
- Taking Concrete Steps Proves Difficult
- Flying Must reflect the Cost of Convenience
- Slowing and Shifting Shipping's Route
- A Steepening Glidepath Before Us All
- A Steeper S-Curve is Possible
- References
- 7 Greening Our Stories Internationally, Nationally, and Especially Locally
- New Narratives Create New Realities
- Debate and Ownership
- Common Understanding is Essential and Possible.
- Regions and Cities Must Lead the Way
- False Narratives and Tackling Climate Change
- The Luntz Memo's Deleterious Effect
- Beware the Danger of False Narratives and Rabbit Holes
- Social Media and Amoral, Unthinking Algorithms
- Talk About It: How Conversations Can Change Minds and Advance the Green Consensus
- Sewerage, Libraries, and Taxation
- Pension Demographics and Longevity
- Scotland's Big Climate Conversation
- Talking Together Changes Our Story and Our Outcomes
- Create Narratives That Resonate With a Locale and With Your Community
- Narrative Shifts Can Be Slow Until They Are Sudden
- The Greta Effect
- Extinction Rebellion's Direct Effect
- Climate Change Narratives Are Also Spiritual
- Declaring an Emergency Shifts the Narrative
- Americans Are Changing Their Climate Story
- The End of the Luntz Effect
- The Biden Administration Policy Shift Supports a Global Climate Break Point
- Devolution of the Climate Change Dialogue and the Ability to Act
- The UK Example
- Cities as Hubs of Green Innovation and Sustainable Liveability
- Cities and the Built Environment
- Transport, Mobility, and Our Cityscapes
- Powering Our Communities
- A Better, Localized, Green, Sustainable, Liveable Future
- Constructing New Tales and Travelling With Them Into the Future
- References
- 8 On Decarbonization, Economic Growth, and a Just Transition
- Growth Or No Growth
- Optimism Or Doom and Disaster - a False Choice
- New Contours for a Green Tomorrow
- Constructing Green Globalization 2.0
- Green New Deals for All of Us
- Governments Can Afford to Invest in Green Reseeding
- A Greener, More Productive Economy
- But What of the Cost of GNDs?
- A Response to Debt and Deficit Hawks
- GNDs as Policy Accelerators
- Sustainable Growth is Possible and Essential
- Renewed Green Globalization 2.0 as a Partial Answer to Populism.
- Biden's Government-Wide, Green Policy Leap.
