Cost-Benefit Analysis of Climate Change: Stern Revisited

Paul Baer and Clive Spash

No 2008-07, Socio-Economics and the Environment in Discussion (SEED) Working Paper Series from CSIRO Sustainable Ecosystems

Abstract: This paper explores the challenges facing orthodox economic approaches to assessing climate control as if it were appraisal of an investment project. Serious flaws are noted in the work of economists with especial attention to the UK Government report by Stern and colleagues. The opinions expressed in this paper are those of the authors and may not be taken to reflect the views CSIRO or the Australian Government.

Keywords: enhanced greenhouse effect; global CBA; Stern Report (search for similar items in EconPapers)
JEL-codes: D61 D62 D81 D90 Q51 Q54 Q58 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2008-05
New Economics Papers: this item is included in nep-agr, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Working Paper: Cost-benefit Analysis of Climate Change: Stern Revisited (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:cse:wpaper:2008-07

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