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Twenty-First Century Macroeconomics:

Responding to the Climate Challenge

 

Edited by Jonathan M. Harris and Neva R. Goodwin

The Global Development and Environment Institute,

Tufts University, USA

 

 

Contents

 

Introduction by Neva R. Goodwin and Jonathan M. Harris                                              xiv

 

PART I    THE SCOPE OF THE CHALLENGE

 

1.    Understanding the Challenge of Global Warming                                                                       3

       Lloyd Dumas                                                                  

2.    The New Climate Economics: The Stern Review versus its Critics                                         32

Frank Ackerman

3.     Economics and Climate Change: Resilience, Equity, and Sustainability                               58

Neva R. Goodwin

4.     The Right to Development in a Climate-Constrained World                                                   75

Paul Baer, Tom Athanasiou, and Sivan Kartha

 

PART II    MACROECONOMIC THEORY PERSPECTIVES

 

5.     Economic Fundamentals of Global Warming                                                                           115

Duncan Foley

6.     Energy Productivity, Labor Productivity, and Global Warming                                           127

Lance Taylor

7.     Macroeconomics and Sustainable Development:
Applying the Sustainomics Framework                                                                                    138

Mohan Munasinghe

8.     Ecological  Macroeconomics:  Consumption, Investment and Climate Change                169

Jonathan M. Harris

 

PART III     POLICY OPTIONS FOR RESPONDING TO CLIMATE CHANGE

 

9.     Cap and Dividend: How to Curb Global Warming While Promoting Income Equity         189

James K. Boyce and Matthew Riddle

10.   Policies for Funding a Response to Climate Change                                                              226

Brian Roach

11.   The New EU Emissions Trading Scheme: A Blueprint for the Global Carbon Market?    250

Christian Egenhofer

12.   Implementation of Sustainable Development in Poland                                                         269

Andrzej Kassenberg                                                                                                                          

13.   Climate Change from the Investor’s Perspective                                                                    295

Adam Seitchik

 

Index                                                                                                                                              314

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