The Climate Casino Risk Uncertainty and Economics for a Warming World Climate change is profoundly altering our world in ways that pose major risks to human societies and natural systems We have entered the Climate Casino and are rolling the global warming dice warns e

  • Title: The Climate Casino: Risk, Uncertainty, and Economics for a Warming World
  • Author: William D. Nordhaus
  • ISBN: 9780300189773
  • Page: 198
  • Format: Hardcover
  • Climate change is profoundly altering our world in ways that pose major risks to human societies and natural systems We have entered the Climate Casino and are rolling the global warming dice, warns economist William Nordhaus But there is still time to turn around and walk back out of the casino, and in this essential book the author explains how Bringing together allClimate change is profoundly altering our world in ways that pose major risks to human societies and natural systems We have entered the Climate Casino and are rolling the global warming dice, warns economist William Nordhaus But there is still time to turn around and walk back out of the casino, and in this essential book the author explains how Bringing together all the important issues surrounding the climate debate, Nordhaus describes the science, economics, and politics involved and the steps necessary to reduce the perils of global warming Using language accessible to any concerned citizen and taking care to present different points of view fairly, he discusses the problem from start to finish from the beginning, where warming originates in our personal energy use, to the end, where societies employ regulations or taxes or subsidies to slow the emissions of gases responsible for climate change Nordhaus offers a new analysis of why earlier policies, such as the Kyoto Protocol, failed to slow carbon dioxide emissions, how new approaches can succeed, and which policy tools will most effectively reduce emissions In short, he clarifies a defining problem of our times and lays out the next critical steps for slowing the trajectory of global warming.

    The Climate Casino Risk, Uncertainty, and Economics for a The Climate Casino is a tour de force and will make a real impact in the popular literature on climate change it brings together all of the important strands of the debate the book is without peer Charles Kolstad, Stanford University Climate Casino Yale University Press The Climate Casino The Climate Casino is available as an enhanced ebook at Apple iBooks , VitalSource and Google Climate change is profoundly altering our world in ways that pose major risks to human societies and natural systems We have entered the Climate Casino and are rolling the global warming dice, warns economist William Nordhaus. The Climate Casino Risk, Uncertainty, and Economics for a Book Description Climate change is profoundly altering our world in ways that pose major risks to human societies and natural systems We have entered the Climate Casino and are rolling the global warming dice, warns economist William Nordhaus. The Climate Casino NPR Excerpt The Climate Casino If you read the newspaper, listen to the radio, or scan the daily blogs, you are virtually certain to encounter stories about global warming Here is a sample from a variety of sources The last decade was the warmest on record The most inconvenient fact is the lack of global warming for well over years now. Opinion Cashing Out From the Climate Casino The New Dec , Cashing Out From the Climate Casino By Bill McKibben Dec , It was as if they were preparing to cash in their chips from the hydrocarbon casino and The Climate Casino William Nordhaus book review William Nordhaus Minor quibbles aside, The Climate Casino is a clearly presented introduction to an important topic It will appeal to a broad audience, but it really should be read by politicians responsible for climate change policy. Climate Casino An Overview of Global Warming The New Dec , Climate Casino An Overview of Global Warming Until now The Climate Casino, by William Nordhaus, provided compelling answers to my unanswered questions in a comprehensive and lucid way It is a one stop source on global warming, seen through the prism of a brilliant economist Mr Nordhaus, Sterling Professor of Economics at Yale, The Climate Casino Yale University Press Library of Congress Cataloging in Publication Data Nordhaus, William D The climate casino risk, uncertainty, and economics for a warming world William Nordhaus pages cm Includes bibliographical references and index ISBN cloth alk paper Climatic changes Effect of human beings on. The Climate Casino Risk, Uncertainty, and Economics for a The Climate Casino Risk, Uncertainty, and Economics for a W arming World Bringing together all the important issues surrounding the climate debate, Nordhaus describes the science, economics, and politics involved and the steps necessary to reduce the perils of global warming Using language accessible to any concerned citizen The Climate Casino Kindle Edition The Climate Casino is one of the most important books ever written about global warming it deals with the problem climate change and its consequences including economic and with the solution primarily a suitable price for carbon.

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    One thought on “The Climate Casino: Risk, Uncertainty, and Economics for a Warming World”

    1. This is a good but problematic book. Everyone concerned about climate change should be aware of it and the ideas it has, but some of these ideas are flawed, most notably what Nordhaus says about economic growth. What follows is my lengthy commentary.The world has serious problems, such as climate change, peak oil, and resource depletion generally. Economists should be leading the charge on these types of issues, but except for the very few “ecological economists,” like Herman Daly, they say [...]

    2. DISCLAIMER: I was a firm believer in climate change before I read this book, and now my opinions are only strengthened. There is much scientific evidence for climate change, and this book explains the underlying concepts in an accessible, scientific way. The author is an economist, so he included a lot of cost/benefit information and the actual costs involved in trying to take measures against excessive CO2 in the atmosphere. In addition to global warming, the other effects of climate change are [...]

    3. This is an excellent book—well worth reading, especially if you consider yourself a skeptic about climate change, but even otherwise. The author does an excellent and fair job of walking through the science on anthropogenic global warming—both the certainty that it is happening and the distinct lack of certainty about the impacts. For example, in one of the more reassuring parts of the book, he explains that the highly publicized 2C target is determined less by the science than by the optics [...]

    4. I think Prof. Nordhaus has given us a remarkable achievement: a solid, sobering, stimulating, scientific, scary book on human-caused global climate change, that leaves no room for doubt about the prospect that climate change deniers are going to sweat more, like the rest of us, in coming decades.This is not a book about Apocalypse. If anything, the Sterling Professor of Economics at Yale University writes with an even temper and drily matter-of-fact language that is a teensy bit annoying, given [...]

    5. I think this is a very solid intro to some of the challenges surrounding dealing with climate change, but it has some flaws. The biggest issue with it is really just that it's not capable of changing minds, though Nordhaus is very upfront about that in the beginning. But I think a bigger concern is just that it feels too abbreviated - on the one hand, he covers all the major territory and brings in a lot of ideas, but too often (particularly in areas involving skepticism about the science and ev [...]

    6. Really more like 2.5.I was really disappointed. The idea for the book seemed interesting: not really to talk about the science of Global Warming/Climate Change, but rather to take a economist's point of view, to see how to deal with it, how to mitigate it, and how to avoid it. (He does accept that GW/CC is happening, is caused my human activity. But I don't think that matters much in what he's trying to do in the book.) So there's stuff about whether regulation works, how Carbon taxes would work [...]

    7. Sober analysis looking at data as economist and scientist is what is promised and delivered. The analogy of a casino is apt as he explains that there is still uncertainty in many elements of the the science and economics. What becomes very clear in this logical approach is that we're "throwing the dice" if we do nothing or not. But if we want the odds to be more in our favor, we better be looking very seriously at taxing carbon--like now.I've read half a dozen books on climate change, this one i [...]

    8. I can recommend it for the general reader who is interested in how a number of ingredients come togetherto inform the consensus view of what needs to happen to address climatechange: climate science, assessment of the impacts of climate change,scenarios of future greenhouse gas emissions, options for reducingemissions, public opinion, policy, and politics. It's a prettycomprehensive treatment of these and other topics from a fairlymainstream point of view, by someone who's been active in the fie [...]

    9. A very good book on climate change, not for the casual reader though. It's more about the economic impacts/risks (hence the casino analogy) and solidly based on good research models, which I liked. Much of it is from the Yale models, so I don't know how good those are, generally a variety of models is better. But it's a very readable book, and the view of things worth working on and things that are a waste of time/money was good. The author is a big proponent of carbon tax as the best way to dea [...]

    10. The Climate Casino is an unbiased, common sense and well-written guide to the effects, economics and policy options for dealing with carbon emissions and climate change. The book is simultaneously accessible and technical, presenting difficult science and economic concepts in readily understandable terms. Dr. Nordhaus should be commended for this important contribution. I hope he will provide revised versions as the science and analysis improves over time.

    11. Though there are times it gets a bit slow (probably because it is by an economist) this is a thoughtful exploration of how we can limit the damage of climate change without bankrupting everyone. Everyone from both sides of the debate should read this book, which means probably no one from either side actually will.

    12. A good, well-explained book for those who are new to the field of climate-change economics. However, those with some previous working understanding will find it very easy and simple. However, the fact is that no matter the level of the reader, Nordhaus creates a stylistic narrative to explain the greatest externality of our time.

    13. Having also recently read 'Capital in the 21st century', I can testify that this book is somewhat boring compared to Capital, especially with someone with some knowledge of the underlying science and economics. There is too much repetitiveness, for instance. For firstcomers, this is not a bad thing, though. In addition, the book is quite well referenced.

    14. A thoughtful and clear discussion of the economics of climate change, the likely negative economic impacts if greenhouse gas emissions continue unabated, and the costs of various policy proposals to address the issue. I'm sure that much of what is discussed in the book is very elementary to economists or political scientists, but it was nice to have it all discussed in one place.

    15. I read The Climate Casino as part of my Science, Technology, and International Affairs course during a unit on climate change. It was very helpful as we prepare for a debate on policy options for addressing climate change in a volatile economic and political landscape. This definitely gives me good talking points if/when I confront those who deny scientific reasoning.

    16. strong summary of issue overall, at times too basic and patronizing. chapter 8 on human cost is eye-opening, most danger comes from unknown risks. growth through adaptation and abatement will solve some of the problems it causes by increasing emissions. good rebuttal to skeptics. political solutions seem infeasible in near future, carbon tax far out.

    17. A succinct and interesting account of the economics of climate change. Well written and full of interesting information and insights from an economist who understands the science and the economics well.

    18. A very thoughtful, clear, and accessible explanation of all the key concepts related to climate change, and what the global community must do in order to limit warming to 2.5° C, and adapt to the resulting environmental damage.

    19. A comprehensive, authoritative, well-written guide to climate change--with a good treatment of the science and an excellent treatment of the economics that is suitable both as an introduction and also for more knowledgeable non-specialists.

    20. I was very impressed by this economic analysis of climate change and its consequences -- but I read it before coming upon Block and Somers book about Karl Polanyi. I will now re-read this to see how it stands up to an analysis based on Polanyi's perspective.

    21. This was an economics treatment of climate change when the real problem is one of science and belief, not economics.

    22. Read this with some ambitious students and it was a great overview to the economics of climate change. Nordhaus is as mainstream as it gets and his influence is pervasive. Very readable.

    23. Good book about climate change seen through an economics perspective. A bit dry and overly full of charts and numbers but that should be no surprise.

    24. Absolutely essential reading for anyone with an interest in how humans can and should combat climate change.

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