38. Richard Tol on Climate Economics: the cost of carbon, geoengineering & IPCC
June 13, 2023
Jesse Reynolds and Pete Irvine
Richard S.J. Tol is a Professor at the Department of Economics, University of Sussex and the Professor of the Economics of Climate Change, Institute for Environmental Studies and Department of Spatial Economics, Vrije Universiteit, Amsterdam, the Netherlands. He is also the author of Climate Economics: Economic Analysis of Climate, Climate Change and Climate Policy. In this episode, Tol breaks down climate economics – the economic and social costs and benefits of carbon. We also discuss the case for geoengineering and his criticisms on IPCC. Support the show
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What are the economic impacts of climate change?
What do these impacts look like in economic models?
What's the climate impact on GDP?
Aggregate estimates of climate damages
Should we discount the future in these calculations?
The social cost of carbon
What about the cost of cutting emissions?
Economics of Geoengineering: CDR
Economics of Geoengineering: SRM
Why aren't climate economists well-liked?
Tol's criticisms on the IPCC
What gives you hope for the future?