The Cost of Slowing Climate Change: a Survey

William Nordhaus

The Energy Journal, 1991, vol. Volume 12, issue Number 1, 37-66

Abstract: Policies to deal effectively and efficiently with the threat of greenhouse warming must balance the costs of slowing climate change against the potential damages. This survey discusses one half of this question, the costs of slowing climate change by reducing greenhouse gas (GHG) emissions. The analysis provides estimates of the cost of reducing chlorofluorocarbon and CO2 emissions, and inquires into the costs of using forestry options to remove CO2 from the atmosphere. A promising new approach, the use ofgeoengineering, is discussed qualitatively.

JEL-codes: F0 (search for similar items in EconPapers)
Date: 1991
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