Lehrinhalte
Starting from the perspective of a social planner, we provide a systematic overview of the relevant issues in climate change policy. This includes, inter alia:
-Physics of climate change: global warming, radiative forcing, greenhouse gases, feedbacks, carbon cycle, uncertainties and projections
-Climate change impacts on biological and human systems, vulnerability, adaptive capacity, tipping points
-Social cost-benefit analysis: market and non-market valuation of impacts, discounting and its ethical implications for inter- and intragenerational equity; uncertainty, Social Cost of Carbon
-Stock pollutants: the atmosphere as a limited disposal space for greenhouse gases
-Social welfare: concepts of social welfare, equity and fairness, social welfare functions, approaches to measure welfare in a broader sense
-Growth: the interrelation between climate change, economic development and growth; theories of economic growth, Hotelling’s rule
-Mitigation options in different sectors, including land and bioenergy, cities and transport, power generation, negative emissions, geoengineering and variable renewables
