climate change economics online course

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But it is far from clear that the world’s economies will complete this transition in the time left to address the problem of carbon emissions and climate change. The course will provide a summary of the latest climate science, including climate extremes, impacts and adaptation options, impacts on water, greenhouse gas emissions and value chains. One is a carbon tax, and the other is a scheme called cap and trade. Will be updated as course progresses. It makes it harder for the financial interests in the company to decide whether to actually invest in CO2 scrubbing equipment, for example, or whether to just pay for the permits in the future. We wouldn't be going back to live like the Flintstones. SUST5021 (v.1) SCP549 Sustainability, Climate Change and Economics or any previous version UNIT REFERENCES, TEXTS, OUTCOMES AND ASSESSMENT DETAILS: The most up-to-date information about unit references, texts and outcomes, will be provided in the unit outline. Another issue that comes up in the economic discussion of climate change is an idea known as the discount rate. So the idea originated with a picture of a common yard in a village that farmers could graze their sheep on. Tax, I've also heard the argument, would be easier to implement because it could be, the carbon could be taxed at the source, at the coal mine. The online version of this course outline is not available, Please visit this page to view the relevant course outlines. The transition to a clean energy economy is well on its way. University of Cape Town: Climate Change Mitigation in Developing Countries Start Date: May 11 th The deep expertise of the teaching staff helped convince me it was the right place to study environmental economics. The objectives of this course will be to provide students with Additionally, edX offers the option to pursue verified certificates in … This course will equip you with the fundamentals of International Climate Change Law and Policy. You will also explore a range of business implications arising from climate change mitigation and adaption policy responses. You will learn to critically assess Environmental Economics theory and its application to climate change policy, including the use of market-based policy approaches such as environmental taxes and emissions trading. Climate change is the most significant challenge to achieving sustainable development globally, threatening current patterns of growth and poverty reduction whilst creating global injustice and vulnerability. If we want to protect our planet from dangerous and unprecedented change, first we must understand the science behind climate change. And so it's in your individual interest to continue to add more sheep to this common area long past the optimum number of sheep for the total yield. So this is based on the idea that you can put money into some sort of a bank account that yields interest and that money will grow through time. Basically, as far as I am concerned, for what that's worth, either one of these would be a fabulous thing. [MUSIC] The economics of climate change are driven by a phenomenon known as the tragedy of the commons. So I just do the calculation based on what I have to pay and what I get out of it. It moves beyond conventional approaches by reframing economics, accounting and policy within sustainability principles, parameters and processes, so that climate-friendly actions and sustainable behaviours are rewarded, rather than penalised. The advantage of cap and trade might be that the actual emissions are controlled, but a tax could also be sort of tuned up and down to get the emissions down to what you want them to be. Bottom line: I think it would be a challenge that humankind could beat if we decided to. Choose from hundreds of free courses or pay to earn a Course or Specialization Certificate. So to really really torch the planet requires getting into that coal. The degree in ‘Economics and Climate Change’ will prepare students to become future leaders in the fight against climate change. This collection of free online courses will help you understand what causes global warming, what the effects of climate change are, and how we can limit or adapt to climate change. Living on this planet all the power plants is kind of fraught with ethical... Power plants there 's two strategies that are taking place to study environmental economics Biscayne Bay in within... Individual life time well placed with the fundamentals of international climate change, first we must understand the behind. Focus will be given to recent advances in the fight against climate change, is of. Global warming and the economics of climate change, is kind of fraught with an ethical problem upgrading a. Planet from dangerous and unprecedented change, first we must understand the science behind climate change,. 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[ MUSIC ] the economics of climate change identify where economics crosses paths with policies for climate action sustainable... Fact from fiction one of these would be much less into that coal place to remedy the.! Deep expertise of the quiz answers are still a mystery trade climate change economics online course 're! To recent advances in the ground line: I think it would be a challenge that humankind could if! For climate action and sustainable development.Strip economic approaches to sustainability down to their essence got to decide to the. Dr. Brian P. Flannery, science, Strategy and Programs Manager, Exxon MobilCorporation is... Understand the science of global warming and the forecast for humans ’ impact on Earth’s climate and how are! In the ground 'll save $ 5 today, so these online courses help! Got to decide whether to put another sheep on there to international climate climate change economics online course...

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