Economic Doctrines and Approaches to Climate Change Policy

Robert Atkinson () and Darrene Hackler

MPRA Paper from University Library of Munich, Germany

Abstract: In climate change, as in all policy issues, economic philosophy has a significant influence on how people view both the problems and the solutions. For the first time, ITIF surveys four dominant schools of economic thought and analyzes how adherents approach policy options for climate change and energy policy. With climate change and major energy legislation stalled, maybe it is time to put aside fixed philosophical notions and take a practical look on ways to address climate change in an economically feasible way. The report reviews the principles and goals of each economic doctrine, and offers a critique of the advantages and limitations of each doctrine's contribution to addressing the challenge of climate change.

Keywords: Innovation; Economics; Climate Change; Public Policy (search for similar items in EconPapers)
JEL-codes: A10 B50 Q54 (search for similar items in EconPapers)
Date: 2010-10
New Economics Papers: this item is included in nep-ene, nep-env, nep-hme and nep-hpe
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:29718

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