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  3. Journal of Economic Perspectives
  4. Fall 1993
  5. Reflections on the Economics of Climate Change

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

Reflections on the Economics of Climate Change

  • William D. Nordhaus
Journal of Economic Perspectives
vol. 7, no. 4, Fall 1993
(pp. 11–25)
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Abstract

My purpose here is to provide a non-technical introduction to the economics of climate change. I will sketch the scientific background and uncertainties, survey the results of existing studies of the impacts of climate change, present a summary of a study of efficient policies to slow global warming, and end with the uncertainties that haunt the entire field.

Citation

Nordhaus, William D. 1993. "Reflections on the Economics of Climate Change." Journal of Economic Perspectives, 7 (4): 11–25. DOI: 10.1257/jep.7.4.11

JEL Classification

  • Q25 Renewable Resources and Conservation: Water
  • Q21 Renewable Resources and Conservation: Demand and Supply (the Commons
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