Environment News: Dutch Report on IPC Errors July 6, 2010 Statement of IPCC on Glaciers Fourth IPCC Report: BBC IPCC analysis *China cashes in CAFÉ in Congress $25 Million Prize for CO2 Ocean burial of CO2 OK Next time order a short Latte *WSJ: Take my emissions, please Innovations pump new life Global warming: “we need to wake up” Global Warming An Inconvenient truth NYT: Talking Points *The Climate Divide (NYT) Winners and losers *Poor Nations Bear Brunt The California Effect IPPC May Report Mitigation The Power of Green The Greening of Geopolitics Click to watch the video Vanity Fair Lexus Virtual Green Eco Living Pigou Club Manifesto Discount rates Carbon tax trumps cap & trade BBC guide to climate change Link to BBC coverage of IPCC 4	Environmental Economics  Econ 3850 Fall 2010 Office Hours (please check for weekly updates) Calendar Required texts: Field, Barry and Martha (2009) Introduction to Environmental Economics 5^tthedition MGraw-Hill, New York 0073375762 World Bank (2009) World Development Report 2010, Development and Climate Change World Bank, Washington DC, online or paper 0821379879 United Nations (2008) Human Development Report 2007/2008 Fighting Climate Change Palgrave-Macmillan NY (online or paper: 0230547049) Recommended (some required reading): Hanley, Shogren & White (2007) Environmental Economics in theory and practice, Palgrave MacMillan,London, 033397137X. [HSW] Heal, Geoffrey (2000) Nature and the Marketplace: Capturing the Value of Ecosystem Services, Island Press, Washington D.C. Topics Outline and Readings Course Syllabus I. Environmental Economics and Issues *required readings* 1. Climate change challenges: what to do and who should do it? *SuperFreakonomics chapter 5 on global cooling: Commonwealth club talk (video) *F&F on global warming pp. 438-50 Discussion question set #1 The 2006 Stern Review: *Exec Summary *BBC story *At a glance *W. Nordhaus comments on Stern Review (NBER WP #12741) Copenhagen Consensus 2004 on Climate Change (see summary of the Cline paper + comments + his reply ). Economics of Climate Change (RFF paper) 2. Future Generations and the poor: Ethical and distributional issues Singer (2002) Chapter 1 and *Chapter 2 reading printing (smaller file) *RFF Discounting benefits of Climate change mitigation pp. 6-14 Debates over discount rates Heal N&M Chapter 2 smaller file The Coase theorem A Pigou Tax (user fees) Heal Chapter 1 3. Emissions Costs and benefits: finding optimal emission levels F&F Chapters 5-11 Discussion Question Set #2 Figure 3 Gains from Technical Change 4. Market Based Pollution control strategies: emission charges vs. TDPs (aka cap and trade) F&F Chapters 12 & 13 5. International Environmental Issues: **F&F Chapters 19-21. Copenhagen Consensus 2004 on Climate Change (see Cline & Manne) LSE CEP No nonsense Climate Change Policy 6. International Environmental Treaties: Negotiations and Bargaining *S. Barrett (2004) Montreal vs. Kyoto: International Cooperation Peter Singer “One Atmosphere” Stavins (2005) Beyond Kyoto Kolstad and Bren (2003) Designing International Agreements China Signs On Hanley et. al Chapter 7 Strategic Interaction McKibbin and Wilcoxen (2002) Climate Change After Kyoto 7. Science of Climate change: anthropogenic greenhouse gas emissions W. Ruddimen (2005) How did Humans first alter Climate? Scientific American IPCC Website Uncertainty Guidance Climate Change Impacts IPCC 2007 Summary UNEP U.S. EPA 8. Climate Change presentations and readings from IPCC May report: *McKibbin&Wilcoxen (2002) Climate Change After Kyoto *Stavins (2005) Beyond Kyoto *S. Barrett (2004) Montreal vs. Kyoto: International Cooperation Barrett (2007) The 2006 Stern Review: Part IV pages 14-16 IPCC (2007a) or Alley, Richard. et al. “Climate Change 2007: The Physical Science Basis.” 2-5-07. Pp 8-10. IPCC (2007b) Badger, Neil. et al. “Climate Change 2007: Climate Change Impacts, Adaptation, and Vulnerability.” 4-6-07.Pp. 7-10 and 17-18. IPCC May Report computes cost of Climate Fix (Wash Post) Friedman Video The Power of Green and “Power of Green” (article) Apanah, Clive Sea Level Increase Diedre Gouley “Montreal vs. Kyoto” Ryan McFarland “Australia and California” California CC plan M. Colletti “Extreme Weather” Netherlands Ramparts Cassandra Bodytko “Species Loss” NYT (2007) Carbon Currency (10 NE states plan to cap CO2) LA Times UN Climate Plan Called Unrealistic WP (2007 IPCC Panel Computes Cost to Fix Global Warming Copenhagen: Cline’s Summary Opponents Summary Cline’s Reply NY Going Green (Bloomberg plan) McKinsey Cost of CO2 abatement html version Required Text (make sure yours has the 4^th edition cover shown at right): Field, Barry and Martha Field (2005) Environmental Economics 4^th ed. McGraw Hill, NY 0073137513 [referred to as F&F below] Online resources: working with graphs web links Projects Web Page Recommended (some required reading): (UP: University Press) Singer, Peter (2002) One World: the Ethics of Globalization, Yale UP (paper). Heal, Geoffrey (2000) Nature and the Marketplace: Capturing the Value of Ecosystem Services, Island Press, Washington D.C. (Heal) Hanley, Shogren & White (2001) Introduction to Environmental Economics, (HSW) Oxford UP, NY. 0-19-877595-4 World Bank, World Development Report 2003: Sustainable Development in a Dynamic World  [cited as WDR03] World Bank, Oxford UP	Class Materials: Calendar