Faculty of Agricultural, Life and Environmental Sciences
This course examines the economics and policy of climate change. Topics include an introduction to climate science; assessing the economic consequences of climate change (Integrated Assessment Models and the Social Cost of Carbon); evaluation of alternative policy instruments, to address both adaptation to and mitigation of the impacts of climate change, within an economic framework (taxes, subsidies, trading systems, investments in innovation, etc.); examination of the distributional impacts of economic policies; and, the treatment of uncertainty in climate change policy. The course will include examples and applications to agriculture, forestry, energy, and other sectors. Prerequisites: ECON 101 or 30 units.