Podcast
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Explain the role of economic analysis in addressing climate change impacts and policies.
Explain the role of economic analysis in addressing climate change impacts and policies.
The role of economic analysis in addressing climate change impacts and policies is to calculate the magnitude and distribution of damage caused by climate change, inform mitigation and adaptation policies, and assess trade-offs between climate change impacts, adaptation, and mitigation through cost-benefit analysis.
What are integrated assessment models (IAMs) used for in the context of climate change?
What are integrated assessment models (IAMs) used for in the context of climate change?
Integrated assessment models (IAMs) are used to produce cost-benefit analyses of climate change by incorporating aspects of the natural, social, and economic sciences to estimate the total economic impacts from climate change.
Why are monetary measures of non-market impacts more difficult to calculate in economic analysis of climate change?
Why are monetary measures of non-market impacts more difficult to calculate in economic analysis of climate change?
Monetary measures of non-market impacts, such as impacts on human health and ecosystems, are more difficult to calculate in economic analysis of climate change because they are not directly linked to market transactions and GDP.
What challenges are associated with the economic analysis of climate change?
What challenges are associated with the economic analysis of climate change?
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How do economic assessments of climate change impacts differ for market and non-market impacts?
How do economic assessments of climate change impacts differ for market and non-market impacts?
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What is climate change in common usage?
What is climate change in common usage?
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What primarily causes the current rise in global average temperature?
What primarily causes the current rise in global average temperature?
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What are some human activities that add to greenhouse gases?
What are some human activities that add to greenhouse gases?
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What impacts on the environment are caused by climate change?
What impacts on the environment are caused by climate change?
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What effects of climate change will continue for centuries, even if efforts to minimise future warming are successful?
What effects of climate change will continue for centuries, even if efforts to minimise future warming are successful?
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