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Rethinking Climate Policy

Innovation and the Economics of Resource Creation
Buch | Hardcover
370 Seiten
2026
Cambridge University Press (Verlag)
978-1-009-70837-1 (ISBN)
CHF 174,55 inkl. MwSt
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Targets the general public and public policy-makers interested in better understanding the mechanisms of a zero-carbon economic transformation, and what works and doesn't work in climate policy. It offers an accessible coverage of how green innovation causes economic development, but risks creating inequalities and instabilities along the way.
Policies designed to address climate change have been met with limited success. Multilateral treaties, agreements and frameworks linked to the UN and COP meetings have so far failed to limit the rise in average global temperature. Rethinking Climate Policy suggests that one of the most important reasons for this is that we are looking at the economics of climate change in the wrong way, arguing that we need to look at climate change as a problem of resource creation, not resource allocation. It identifies problems in current climate policymaking, breaking many taboos in standard economics, to offer a bold proposal for effective and achievable public policy to achieve a zero-carbon economy. Underpinned by both a sound economic and complex systems analysis, this book develops a groundbreaking metric of economic resilience to measure the capacity of economies to transform without breaking down and accordingly how to best design climate policies.

Jean-François Mercure is Professor of Climate Policy at the University of Exeter's Business School, UK. He was Senior Climate Economist at the World Bank. He researches the economics of climate change and advises on policymaking. He has lectured at University of Cambridge, Radboud University and University of Exeter. He is an economist, innovation scholar and complexity scientist, and works on varied topics from energy systems to quantitative finance to geopolitics. He has authored over eighty peer-reviewed articles and the textbook Complexity Economics for Environmental Governance (2022). Hector Pollitt is Senior Climate Economist at The World Bank, focusing on climate policy solutions in East and South East Asia. He was previously the head of modelling and Chief Economist at Cambridge Econometrics, a consultancy based in the UK. He has twenty years of experience working with macroeconomic models and providing policy advice on climate policy to national governments and international organisations. He has co-edited two books on sustainability policy in East Asia and has co-authored more than forty peer-reviewed journal articles.

1. What is the economic challenge of climate action?; 2. Seeking innovation, not optimality; 3. Economic resources are created, not allocated; 4. The transition in context: the six great waves of innovation; 5. The lifecycle of products and sectors; 6. The sunrise: A new technological constellation; 7. The sunset: Deindustrialisation and post-industrial decline; 8. The great transformation of our time; 9. Instability is the true cost of the transition; 10. Rethinking climate policy.

Erscheint lt. Verlag 31.5.2026
Zusatzinfo Worked examples or Exercises
Verlagsort Cambridge
Sprache englisch
Themenwelt Recht / Steuern EU / Internationales Recht
Recht / Steuern Öffentliches Recht Umweltrecht
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
Wirtschaft Volkswirtschaftslehre
ISBN-10 1-009-70837-6 / 1009708376
ISBN-13 978-1-009-70837-1 / 9781009708371
Zustand Neuware
Informationen gemäß Produktsicherheitsverordnung (GPSR)
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