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Full-Text Articles in Physical Sciences and Mathematics
The Carbon Rent Economics Of Climate Policy, Matthias Kalkuhl, Robert J. Brecha
The Carbon Rent Economics Of Climate Policy, Matthias Kalkuhl, Robert J. Brecha
Physics Faculty Publications
By reducing the demand for fossil fuels, climate policy can reduce scarcity rents for fossil resource owners. As mitigation policies ultimately aim to limit emissions, a new scarcity for “space” in the atmosphere to deposit emissions is created. The associated scarcity rent, or climate rent (that is, for example, directly visible in permit prices under an emission trading scheme) can be higher or lower than the original fossil resource rent. In this paper, we analyze analytically and numerically the impact of mitigation targets, resource availability, backstop costs, discount rates and demand parameters on fossil resource rents and the climate rent. …
[Introduction To] Global Climate Change: Turning Knowledge Into Action, David E. Kitchen
[Introduction To] Global Climate Change: Turning Knowledge Into Action, David E. Kitchen
Bookshelf
The science of climate change is a complex subject that balances the physical record and scientific fact with politics, policy, and ethics—and is of particular importance to the geosciences. This thoughtfully crafted new text and accompanying media encourage non-science majors to practice critical thinking, analysis, and discourse about climate change themes. Taking a cross-disciplinary approach, acclaimed educator and researcher, David Kitchen, examines not only the physical science, but the social, economic, political, energy, and environmental issues surrounding climate change. His goal: to turn knowledge into action, equipping students with the knowledge and critical skills to make informed decisions, separate facts …