The Economics of 350: Economic Way of Viewing Climate Stabilization
International Conference on Emerging Green Technologies, Tamil Nadu, India, July 27-30, 2011
10 Pages Posted: 27 Oct 2011
Date Written: July 27, 2011
Abstract
The present paper is a discussion on a single scientific economic measure for climate stabilization; called the Economics of 350. The need for stabilizing the atmospheric Co2 to 350 parts per million is felt more than ever by scientists. However, reducing consumption to that level is likely to have disastrous economic consequences. Present paper is an attempt to address the issue and build a sense of urgency for the policy makers to evaluate the cost benefit analysis of Economics of 350.
Keywords: 350 Economics, climate stabilization
JEL Classification: N50, Q20
Suggested Citation: Suggested Citation