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Climate shock = the economic consequ...

Wagner, Gernot.

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Climate shock = the economic consequences of a hotter planet /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Climate shock/ Gernot Wagner, Martin L. Weitzman.
Reminder of title:	the economic consequences of a hotter planet /
Author:	Wagner, Gernot.
other author:	Weitzman, Martin L.,
Published:	Princeton, New Jersey :Princeton University Press, : 2015.,
Description:	1 online resource (269 p.)
[NT 15003449]:	Climate shock : the economic consequences of a hotter planet -- Dedication -- Contents -- Preface to the Paperback Edition -- Preface: Pop Quiz -- Chapter 1: 911 -- Chapter 2: 411 -- Chapter 3: Fat Tails -- Chapter 4: Willful Blindness -- Chapter 5: Bailing Out the Planet -- Chapter 6: 007 -- Chapter 7: What You Can Do -- Epilogue: A Different Kind of Optimism -- Acknowledgments -- Notes -- Bibliography -- Index.
Subject:	Climatic changes - Economic aspects. -
Online resource:	http://portal.igpublish.com/iglibrary/search/PUPB0005358.htmlclick for full text
ISBN:	9780691159478

Climate shock = the economic consequences of a hotter planet /
Wagner, Gernot.

Climate shockthe economic consequences of a hotter planet /[electronic resource] :Gernot Wagner, Martin L. Weitzman. - Princeton, New Jersey :Princeton University Press,2015. - 1 online resource (269 p.)

Includes bibliographical references and index.

Climate shock : the economic consequences of a hotter planet -- Dedication -- Contents -- Preface to the Paperback Edition -- Preface: Pop Quiz -- Chapter 1: 911 -- Chapter 2: 411 -- Chapter 3: Fat Tails -- Chapter 4: Willful Blindness -- Chapter 5: Bailing Out the Planet -- Chapter 6: 007 -- Chapter 7: What You Can Do -- Epilogue: A Different Kind of Optimism -- Acknowledgments -- Notes -- Bibliography -- Index.

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? ... [the authors] 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 scaleใ

ISBN: 9780691159478Subjects--Topical Terms:

649995
Climatic changes
--Economic aspects.

LC Class. No.: QC903

Dewey Class. No.: 363.7387

Climate shock = the economic consequences of a hotter planet /
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520 3 $a 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? ... [the authors] 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 scaleใ
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