On completing this module, students are expected to be able to:
- describe the economic consequences of different scenarios of carbon emissions;
- explain the economic impacts of climate change;
- evaluate the strategies for limiting carbon emissions;
- project consumption, investment, depreciation, discount rate, and productivity changes as a result of climate change;
- propose adaptation/mitigation strategies relating to agriculture, energy, water resources, transportation, human health, and ecosystems;
- recommend mechanisms for global geoengineering to reduce CO2 and the potential benefits and dangers associated with these plans.
After completing this module, students should be able to answer the following questions:
- What are the the market and non-market costs of climate change?
- What are the costs associated with conversion to nonfossil-fuels sources of energy?
- How do carbon capture and storage work?
- What are the nuts and bolts of Cap and Trade policy?
- What are the nuts and bolts of Carbon Taxation?
- How can agriculture adapt to climate change uncertainties?
- What can countries do to adapt to predicted precipitation changes?
- Which energy-producing regions in the US are particularly sensitive to climate change?
- In what part of the US is energy production especially vulnerable to climate change?
- How can heat waves impact urban areas?
- Which infectious diseases are promoted by climate change?
- How and where will climate change lead to forced migration?
- How will transportation systems deal with climate change?
- What are geoengineering strategies designed to mitigate the impacts of climate change?
- How and where is climate change not equable?