The Cost of Delaying Action to Stem Climate Change

The Cost of Delaying Action to Stem Climate Change

The Urgent Call for Climate Action and Economic ConsequencesBy Council of Economic Advisers
Michael Caine
Listen with Sir Michael Caine™ and 1,000+ voices
Length1h 46m

About this audiobook

In "The Cost of Delaying Action to Stem Climate Change," the Council of Economic Advisers presents a comprehensive analysis of the economic implications of procrastination in climate policy. Employing a meticulous blend of empirical data and theoretical frameworks, the report elucidates the progressively escalating costs associated with climate inertia. With a clear, accessible prose style, the authors weave complex economic models into a narrative that underscores the urgency of proactive measures. This document serves as an essential zeitgeist reflection, contextualizing the contemporary discourse surrounding climate action within the broader economic landscape. The Council of Economic Advisers, a pivotal advisory body in the executive branch, comprises prominent economists who have dedicated their careers to understanding the interdependencies of economic and environmental policies. Their insights are grounded in rigorous research and bolstered by an understanding of historical policy failures, making their warnings about the dangers of delay in climate action particularly potent. The collaborative expertise of the Council'Äôs members highlights the multifaceted nature of climate threats and their inherent economic repercussions. This book is a crucial read for policymakers, environmental advocates, and concerned citizens alike. By articulating the dire consequences of inaction, it not only informs but also galvanizes readers to advocate for timely and effective climate solutions. Grasping the urgent call for action embedded in these pages is vital for anyone invested in safeguarding both our environment and economic future.

Audiobook details

GenreBusiness and Economics
Length1 hr 46 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateDec 8, 2020
LanguageEnglish

Table of contents

1Executive Summary
8Increased Mitigation Costs from Delay
2I. Introduction
9Effect on Costs of Climate Targets, Length of Delay, and International Coordination
3Delaying Climate Policies Increases Costs
10III. Climate Policy as Climate Insurance
4Climate Policy as Climate Insurance
11Tail Risk Uncertainty and Possible Large-Scale Changes
5Other Costs of Delay and Benefits of Acting Now
12Implications of Tail Risk
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6II. Costs from Delaying Policy Action
13Appendix: Literature on Delay Costs
7Increasing Damages if Delay Means Missing Climate Targets
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