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The Climate Change Carbon Conundrum (paperback)

The Climate Change Carbon Conundrum (paperback) LIBCCC
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The Climate Change Carbon Conundrum:

How Fast Should We Decarbonize and Who Should Fund the Abatement Costs?

By Robert C. Kelly

© CountryWatch 2023

Please be aware this is not a digital download. You are ordering a paperback or hardcover book which will be mailed to you . You will receive an email after your purchase with special instructions on how the book will be mailed to you.

Waiting to make substantial investments to decarbonize the economy will result in continued increases in carbon emissions, increasing carbon concentrations in the atmosphere and increasing climate damage as temperatures continue to increase.

But investing in decarbonizing the economy is expensive and it diverts resources from other uses such as food production, housing, education and investing to increase future production.

So how much should we spend on decarbonizing the economy --- how much is enough? And what is the most appropriate time path for these expenditures.

The Climate Change Carbon Conundrum by Robert Kelly tackles these issues by means of an integrated assessment approach based on the DICE model developed by Nobel Prize winning economist William Nordhaus.

The Decarbonization Model developed in The Climate Change Carbon Conundrum  reviews alternative decarbonization scenarios including Business as Usual Scenario, the Net Zero Scenario, the 2 Degree C Scenario and compares them to an Optimal Scenario which balances the cost of decarbonizing the economy (abatement costs) with future climate damage.

The result is a carbon emissions path that should be politically expedient but also controversial both in terms of domestic US politics as well as the international arena. Not only does the author detail the investment required and the time path for decarbonization but also how the international community should fund the costs of decarbonization.

An exciting and controversial approach to dealing with one of the most challenging public policy questions of our time.

 

About the Author

Robert C. Kelly received his B.S. from the United States Military Academy (USMA) and obtained an MPA and PhD in Economics from Harvard University.  After a 13-year career in the US Army including a tour in Vietnam and as an Associate Professor of Social Sciences at USMA, he held executive positions in the corporate world including positions at Continental Resources, Houston Natural Gas, GE, Enron, DKRW Energy, Mexico Pacific Limited, and XTS Energy. He is on the Board of XTS Energy, CountryWatch.com, Inc. and on the Financial Review Board of Investopedia and The Balance. He has served as an Executive Professor at the Texas A&M Mays Business School, and an Adjunct Lecturer in Energy Economics at the University of Houston and Rice University.   He currently resides in Houston with his wife Helen.

The Climate Change Carbon Conundrum: How Fast Should We Decarbonize and Who Should Fund the Abatement Costs? By Robert C. Kelly © CountryWatch 2023 Please be aware this is not a digital download. You are ordering a paperback or hardcover boo
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