By Felix R. FitzRoy, Elissaios Papyrakis
Curiosity in weather swap has generated a mountain of literature leaving many floundering within the sheer flood of data, statement, claims and tasks. This hugely available e-book assumes no earlier wisdom and cuts throughout the confusion to give an explanation for the most important financial and coverage matters relating to weather swap in uncomplicated language and with just a couple of data. assurance slices around the breadth and intensity of weather switch, delivering brief summaries of the main appropriate learn and conclusions from quite a few disciplines. The authors spotlight the place economists and coverage makers regularly misunderstand the technology of weather switch, underestimate the dangers of runaway warming and exaggerate the prices of radical measures to stabilize the weather. A key concentration is the influence of weather swap on global agriculture, the world's most crucial task. The authors offer a severe exam of the way present regulations that advertise terrible water utilization and soil erosion are risking a catastrophic cave in of agriculture within the poorest and so much populous nations in a warming global. they appear on the recommendations comparable to how no-till, conservation farming, 3rd iteration biofuels from waste land, replacement power, and bio-char creation to elevate sustainable yields, decrease emissions and sequester carbon in soil. the second one, the most important thrust is a severe exam of the expansion financial system paradigm of wealthy nations that's using weather swap. The authors examine fiscal measures to regulate weather swap together with switching taxes from exertions to carbon and subsidies from fossil and nuclear power to renewable choices in addition to call for administration and effort saving. total the booklet offers a accomplished, serious creation to the problems and highlights the most rules which are had to begin the transformation to sustainability and stay clear of the worst hazards of weather disaster.
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Extra resources for An Introduction to Climate Change Economics and Policy
7 Most of the agricultural subsidies go to the richest farmers in the wealthy countries, while heavily subsidized exports to poor countries depress their own agricultural prices, undercut local producers, and increase poverty and displacement of the poorest rural populations. At the same time, EU and US rules prevent developing countries from exporting many of their agricultural products to the richest nations, thus further damaging the world’s poorest farmers. This group is also the most vulnerable to the effects of current erosion, future warming, declining rainfall and worsening water shortages.
11 The prices of animal products from industrial agriculture do not in any way reflect the huge environmental impact of their production. These include overgrazing and erosion of arid grasslands (three-quarters of which are already degraded to some degree), tropical deforestation to obtain more arable land for growing animal feed crops, and massive water pollution surrounding industrial livestock rearing. Just as lack of realistic water pricing fosters enormous waste, depleting aquifers and reducing groundwater levels in both developing and developed countries, so the failure to tax and price animal products in accordance with their full social costs helps to generate unsustainable consumption (in rich economies) and demand growth from the emerging middle classes (in the LDCs).
Not surprisingly, however, large-scale transition faces serious political obstacles from many powerful interests that profit from the present system. Similarly, the introduction of realistic pricing for water is essential to halt the rapid depletion of aquifers and other reserves. Improved technology, including subsurface drip and sprinkler irrigation, has already been shown to dramatically reduce water PROSPECTS FOR AGRICULTURE 25 consumption for a wide variety of food crops and fibres, while increasing yields and quality.
An Introduction to Climate Change Economics and Policy by Felix R. FitzRoy, Elissaios Papyrakis
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