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An Introduction to Climate Change Economics and Policy, now in its second edition, reviews new developments and reflects on the alarming lack of progress in reducing emissions. This updated edition explains the key scientific, economic and policy issues related to climate change.

FitzRoy and Papyrakis highlight how economists and policy makers often misunderstand the science of climate change. They underestimate the growing threat to future civilization and survival and exaggerate the costs of radical measures needed to stabilize the climate. This book shows for the first time that...

An Introduction to Climate Change Economics and Policy, now in its second edition, reviews new developments and reflects on the alarming lack of progress in reducing emissions. This updated edition explains the key scientific, economic and policy issues related to climate change.

FitzRoy and Papyrakis highlight how economists and policy makers often misunderstand the science of climate change. They underestimate the growing threat to future civilization and survival and exaggerate the costs of radical measures needed to stabilize the climate. This book shows for the first time that...