Can We Afford the Future?
The Economics of a Warming World
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Can We Afford the Future? by Frank Ackerman
Book DescriptionAccording to many scientists, climate change is a growing threat to life as we know it, requiring a large-scale, immediate response. According to many economists, climate change is a moderately important problem; the best policy is a slow, gradual start, to avoid spending too much. They can't both be right. In this book, Frank Ackerman offers a refreshing look at the economics of climate change, explaining how the arbitrary assumptions of conventional theories get in the way of understanding this urgent problem. The benefits of climate protection are vital but priceless, and hence often devalued in cost-benefit calculations. Preparation for the most predictable outcomes of global warming is less important than protection against the growing risk of catastrophic change; massive investment in new, low carbon technologies and industries should be thought of as life insurance for the planet. Ackerman makes an impassioned plea to construct a better economics, arguing that the solutions are affordable and the alternative is unthinkable. If we can't afford the future, what are we saving our money for? Can we Afford the Future? is part of The New Economics series, which uses the ideas behind a new, more human economics to provide a fresh way of looking at major contemporary issues.
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Book DetailsISBN: 9781848130388
(198mm x 129mm x 129mm)
Imprint: Zed Books Ltd
Publisher: Zed Books Ltd
Publish Date: 1-Oct-2008
Country of Publication: United Kingdom
Books By Author Frank Ackerman
Climate Change and Global Equity, Paperback (March 2015)
In this timely collection of essays, Frank Ackerman and Elizabeth A. Stanton show that the impact of inaction on climate change will be far worse than the cost of ambitious climate policies.
Climate Protection and Development, Paperback (May 2012)» View all books by Frank Ackerman
This book spells out what can and should be done to avert the real risks of disaster. It is not a story of complacent congratulation for "win-win" initiatives and "green" consumer choices. It summons us to an endeavour worthy of the resources and ingenuity of the twenty-first century.
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Author Biography - Frank Ackerman
Frank Ackerman is a research fellow at Global Development and Environment Institute and a senior scientist at Stockholm Environment Institute-US Centre, both at Tufts University. He is a founding member of Economists for Equity and Environment (E3) and a member scholar of the Centre for Progressive Reform.
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