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ISBN: 9781848130388 - Can We Afford the Future?
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Can We Afford the Future?

Deciphering Climate Economics

Frank Ackerman

ISBN: 9781848130388
Format: Paperback
Publisher:Zed Books Ltd


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Offers a look at the economics of climate change, explaining how the arbitrary assumptions of conventional theories get in the way of understanding this problem. This book states that the benefits of climate protection are vital but priceless, and hence often devalued in cost-benefit calculations.

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In this book, Frank Ackerman offers a refreshing look at the economics of climate change, explaining how the arbitrary assumptions of conventional theories get in the way of understanding this urgent problem. The benefits of climate protection are vital but priceless, and hence often devalued in cost-benefit calculations. Preparation for the most predictable outcomes of global warming is less important than protection against the growing risk of catastrophic change; massive investment in new, low carbon technologies and industries should be thought of as life insurance for the planet. Ackerman makes an impassioned plea to construct a better economics, arguing that the solutions are affordable and the alternative is unthinkable. If we can't afford the future, what are we saving our money for? "Can we Afford the Future?" is part of "The New Economics" series, which uses the ideas behind a new, more human economics to provide a fresh way of looking at major contemporary issues.
 
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