Climate Economics: A Call for More Pluralism And Responsibility (Palgrave Studies in Sustainability, Environment and Macroeconomics)

This book is a philosophical critique of the economics of climate change from both an ethical and philosophy of economics perspective. Mitigating climate change is not so much a scientific problem, but rather a political, social and above all an economic problem. A future without greenhouse gas emissions requires a radical transformation towards a sustainable low-carbon economy and society. How this transformation could be achieved raises numerous economic questions. Many of these questions remain untouched, although economists are equipped with a suitable toolkit and expertise. This book argues that economists have a social responsibility to carry out more research on how global warming could be stopped and that, ultimately, economic analysis of climate change must be a political economic approach that treats the economy as part of a wider social system. This approach will be of interest to policy makers, educators, students and researchers in support of more pluralism in economic research and teaching. Front Matter ....Pages i-xi Introduction (Michael Roos, Franziska M. Hoffart)....Pages 1-18 Importance of Climate Change in Economics (Michael Roos, Franziska M. Hoffart)....Pages 19-33 Mainstream Climate Economics (Michael Roos, Franziska M. Hoffart)....Pages 35-56 What’s Problematic About Mainstream Climate Economics? (Michael Roos, Franziska M. Hoffart)....Pages 57-96 Why We Do Not Have More Pluralism (Michael Roos, Franziska M. Hoffart)....Pages 97-119 Climate Change and Responsibility (Michael Roos, Franziska M. Hoffart)....Pages 121-155 Concluding Thoughts (Michael Roos, Franziska M. Hoffart)....Pages 157-164 Back Matter ....Pages 165-170