Climate Change and Economic Growth

Robert Mendelsohn

No 28000 in World Bank Publications - Books from The World Bank Group

Abstract: Grim descriptions of the long-term consequences of climate change have given the impression that the climate impacts from greenhouse gases threaten long-term economic growth. However, the impact of climate change on the global economy is likely to be quite small over the next 50 years. Severe impacts even by the end of the century are unlikely. The greatest threat that climate change poses to long-term economic growth is from potentially excessive near-term mitigation efforts.

Keywords: Environment-Climate; Change; Mitigation; and; Green; House; Gases; Environment-Environment; and; Energy; Efficiency; Macroeconomics; and; Economic; Growth-Climate; Change; Economics; Environment-Climate; Change; Impacts; Environment-Environmental; Economics; &; Policies (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (9)

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