Energy & Green Tech

Benefits of clean energy tax credits far outweigh costs

Tax credits to boost clean energy deployment are an important part of the climate provisions within the Build Back Better Act being debated by Congress—and new analysis from the University of Chicago suggests that the benefits ...

Energy & Green Tech

Why public policy must adjust to new energy source preference

Support for renewable energy sources such as solar and wind is linked to a belief that climate change will be catastrophic, while supporters of nuclear power tend to be less concerned about climate risks, says a study from ...

Energy & Green Tech

Electricity costs: A new way they'll surge in a warming world

Climate change is likely to increase U.S. electricity costs over the next century by billions of dollars more than economists previously forecast, according to a new study involving a University of Michigan researcher.

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Economics of global warming

The economics of global warming refers to the projected size and distribution of the economic costs and benefits of global warming, and to the economic impacts of actions aimed at the mitigation of global warming. Estimates come from a variety of sources, including integrated assessment models, which seek to combine socio-economic and biophysical assessments of climate change.

At an Intergovernmental Panel on Climate Change (IPCC) conference in April 2007, delegates from 120 nations discussed the specific economic and societal costs of mitigating global warming, and eventually approved the IPCC Fourth Assessment Report.

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