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- DescriptionIf 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 kw 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 w? We insure our lives against an uncertain future--why t our planet? In Climate Shock, Gert Wagner and Martin Weitzman 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 unkwn extreme risks that may yet dwarf all else, the authors look at how ecomic forces that make sensible climate policies difficult to enact, make radical would-be fixes like geoengineering all the more probable. What we kw about climate change is alarming eugh. What we don't kw 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 scale. With a new preface addressing recent developments Wagner and Weitzman demonstrate that climate change can and should be dealt with--and what could happen if we don't do so--tackling the defining environmental and public policy issue of our time.
- Author BiographyGernot Wagner is lead senior economist at the Environmental Defense Fund. Martin L. Weitzman is professor of economics at Harvard University. For more, see .
- PrizesLong-listed for Financial Times and McKinsey Business Book of the Year Award 2015.
- Author(s)Gernot Wagner,Martin L. Weitzman
- PublisherPrinceton University Press
- Date of Publication10/05/2016
- SubjectEconomics: Textbooks & Study Guides
- Place of PublicationNew Jersey
- Country of PublicationUnited States
- First Published2016
- ImprintPrinceton University Press
- Content Note3 line illus. 5 tables.
- Weight257 g
- Width127 mm
- Height203 mm
- Spine20 mm
- Edition StatementRevised edition
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