A Critique of Conventional Economic Approaches to Climate Change

Jiahua Pan ()
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Jiahua Pan: Beijing University of Technology

Chapter Chapter 2 in Climate Change Economics, 2022, pp 17-32 from Springer

Abstract: Abstract Climate change is a typical global environmental challenge. As it is an economic issue, we need to examine its properties in economics. According to the existing economic theories, the academic circle has different opinions on climate change’s economic properties. Some scholars consider climate change an issue of externality; some view it as an issue of public goods, while others believe it is an issue of resource sharing. Different viewpoints on climate change properties lead to various theories, climate change response approaches, and policy selection choices. They also lead to different conclusions on the responsibilities and obligations of different countries.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-0221-5_2

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DOI: 10.1007/978-981-19-0221-5_2

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