Global Climate Change: A Summary for Policymakers - The benefits, costs and challenges of emissions reductions

This lecture begins from the economic benefits of burning fossil carbon, and the consequent challenges of reducing emissions. We will look at global drivers of emissions in “shared socio-economic pathways”; compare marginal and total costs of different approaches to reducing emissions; and introduce you to cost-benefit and cost-effectiveness analysis and the importance of non-monetary barriers and incentives.