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The net costs of reducing carbon emissions i. Both Greenpeace and UCS project substantial economic savings from emission reduction, with fuel savings much larger than the costs of investment. The range of cost estimates for reaching ppm, combined with uncertainties about oil prices and future technologies, make it difficult to choose a single estimate of the total economic cost. Suppose that, for the sake of argument, 2. Is that an unacceptably large number?

Can We Afford the Future?: The Economics of a Warming World - Frank Ackerman - Google книги

Imagine an economy growing at 2. That makes GDP 2. Household incomes would take 29 years to double, instead of Alternatively, we know we can afford to devote 2. In 68 countries, military spending exceeds 2.

In the United States and China, the top greenhouse gas emitters, military spending absorbs more than 4 percent of GDP. Both countries would be safer, not more vulnerable, if they diverted half of their defense spending to defense against climate crisis.

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The most important conclusion of our research involves what we did not find. There are no reasonable studies saying that a ppm stabilization target will destroy the economy. This is not surprising. The ominous recent research on potential climate damages does not examine the cost of doing something; instead, it looks at the cost of doing nothing about emissions. If the worst happens, our grandchildren will inherit a degraded Earth that does not support anything like the life that we have enjoyed.

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On the other hand, if we prepare for the worst but it does not quite happen, we will have invested more than was absolutely necessary — in perfect hindsight — in clean energy, conservation, and carbon-free technologies. Which extreme presents the greater danger? Think about climate risk as an insurance problem. Likewise, projections by Hansen and others of dangerous climate risk from staying above ppm CO2 are not certainties; they are necessarily uncertain although becoming more likely as temperatures rise. The analogy to insurance is important but inexact; there is no climate insurance company to which the world can hand 2.

Frank Ackerman

There is, however, a need for large-scale investment, both in proven emissions-reducing technologies and in research and development. Meine Mediathek Hilfe Erweiterte Buchsuche. E-Book anzeigen. Can We Afford the Future? Frank Ackerman. According to many scientists, climate change is a growing threat to life as we know it, requiring a large-scale, immediate response.

According to many economists, climate change is a moderately important problem; the best policy is a slow, gradual start, to avoid spending too much. To learn more about Copies Direct watch this short online video.

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