Climate Economics

Economic Analysis of Climate, Climate Change and Climate Policy, Third Edition

3rd edition

Richard S.J. Tol, University of Sussex, UK and Vrije Universiteit Amsterdam, the Netherlands

This thoroughly revised third edition offers comprehensive coverage of the economics of climate change and climate policy, and is a suitable guide for advanced undergraduate, postgraduate, and doctoral students. Topics discussed include the costs and benefits of adaptation and mitigation, discounting, uncertainty, equity, policy instruments, the second best, and international agreements.

‘Richard Tol is not only a leading researcher but also a gifted educator. His textbook Climate Economics has established itself as the leading textbook for undergraduate and postgraduate students. It provides the reader with a thorough grounding in the economics of climate change written in an accessible style.’
– David Maddison, University of Birmingham, UK

‘This book is both a comprehensive course and a reference to the all-important economics of climate change. It does for climate economics what Julia Child did for French Cooking: make it accessible to the serious student.’
– Maximilian Auffhammer, University of California, Berkeley, US

‘Richard S.J. Tol has written a must-read book for anyone caring about the sustainable development of this planet. This book is a delightful guide full of important information for those of us who want to dedicate ourselves to climate economics, so that human society can develop in an environmentally friendly manner.’
– Lin Bo Qiang, Xiamen University, China