Chapter 1: Introduction.- Chapter 2: Importance of Climate Change in Economics.- Chapter 3: Mainstream Climate Economics.- Chapter 4: What is Problematic about Mainstream Climate Economics?.- Chapter 5: Why We Do Not Have More Pluralism.- Chapter 6: Climate Change and Responsibility.- Chapter 7: Concluding Thoughts.
Michael W. M. Roos is Professor of Economics at the Institute of Macroeconomics, Ruhr-University Bochum, Germany.
Franziska M. Hoffart is a Researcher at the Institute of Macroeconomics, Ruhr-University Bochum, Germany.
This book is a philosophical critique of the economics of climate change from both an ethical and philosophy of economics perspective. Mitigating climate change is not so much a scientific problem, but rather a political, social and above all an economic problem. A future without greenhouse gas emissions requires a radical transformation towards a sustainable low-carbon economy and society. How this transformation could be achieved raises numerous economic questions. Many of these questions remain untouched, although economists are equipped with a suitable toolkit and expertise.
This book argues that economists have a social responsibility to carry out more research on how global warming could be stopped and that, ultimately, economic analysis of climate change must be a political economic approach that treats the economy as part of a wider social system. This approach will be of interest to policy makers, educators, students and researchers in support of more pluralism in economic research and teaching.