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Climate Shock: The Economic Consequences of a Hotter Planet

발행사항
Princeton : Princeton University Press, 2015
형태사항
250p. ; 23cm
서지주기
Includes bibliographical references and index
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위치등록번호청구기호 / 출력상태반납예정일
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How knowing the extreme risks of climate change can help us prepare for an uncertain future

If you had a 10 percent chance of having a fatal car accident, you'd take necessary precautions. If your finances had a 10 percent chance of suffering a severe loss, you'd reevaluate your assets. So if we know the world is warming and there's a 10 percent chance this might eventually lead to a catastrophe beyond anything we could imagine, why aren't we doing more about climate change right now? We insure our lives against an uncertain future--why not our planet?

In Climate Shock, Gernot Wagner and Martin Weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general audiences. They show that the longer we wait to act, the more likely an extreme event will happen. A city might go underwater. A rogue nation might shoot particles into the Earth's atmosphere, geoengineering cooler temperatures. Zeroing in on the unknown extreme risks that may yet dwarf all else, the authors look at how economic forces that make sensible climate policies difficult to enact, make radical would-be fixes like geoengineering all the more probable. What we know about climate change is alarming enough. What we don't know about the extreme risks could be far more dangerous. Wagner and Weitzman help readers understand that we need to think about climate change in the same way that we think about insurance--as a risk management problem, only here on a global scale.

Demonstrating that climate change can and should be dealt with--and what could happen if we don't do so--Climate Shock tackles the defining environmental and public policy issue of our time.

-- "Foreign Affairs"
목차
Preface: Pop Quiz ix Chapter 1. 911 1 Chapter 2. 411 30 Chapter 3. Fat Tails 48 Chapter 4. Willful Blindness 80 Chapter 5. Bailing Out the Planet 92 Chapter 6. 007 116 Chapter 7. What You Can Do 128 Epilogue: A Different Kind of Optimism 148 Acknowledgments 153 Notes 155 Bibliography 207 Index 243