HomeEasy to StartB.Tech Semester VIIIHS 414 Economics of Climate Change

Introduction to climate change; Climate models and climate change debate; Economic
growth, wellbeing and sustainability: Impact, Population, Affluence and Technology
(IPAT) model, ecological footprint, green GDP; Climate change equity: economics,
discounting, inter-generational equity, intra-generational equity and development
rights; Concepts of adaptation and mitigation; Mitigation mechanisms: carbon trading
versus carbon taxes, Clean Development Mechanism (CDM), Reducing Emissions from
Deforestation and Forest Degradation (REDD), Joint Implementation (JI) and voluntary
markets; Costs of climate change and benefits of mitigation; Consensus on Climate
Change: United Nations Framework Convention (UNFCC), Kyoto Protocol,
Intergovernmental Panel on Climate Change (IPCC), and other international
agreements

Texts

1.-R.F. FitzRoy and E. Papyariks, An introduction to Climate Change Economics and
Policy, Earthscan publishers, 2010

2.-J.T. Hardy, Climate Change – Causes, Effects and Solutions, John Willey and Sons,
2003

References

1. W. D Nordhaus, To Tax or Not to Tax: Alternative Approaches to Slowing Global
Warming, Review of Environmental Economics and Policy, 1(1): 26, 2007.

2. C. Hadjilambrinos, For Richer or for Poorer- The Role of Science, Politics, and
Ethics in the Global, Climate Change Policy Debate, Bulletin of Science, Technology & Society, 19(6): 521-531, 1999

3.T. Hayward, Human Rights Versus Emissions Rights: Climate Justice and the Equitable Distribution of Ecological Space, Ethics and International Affairs, 21(4):
431-450, 2008

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