Charting the Course Towards a Low Carbon Economy

The presentation focuses on three key questions on climate change: what set of policies are desirable? What are the impacts of policy action, and is global action achievable? The first question requires the development of a robust national policy framework and to ensure a set of policies are in place that deliver abatement and adjustment at least cost to the economy. The second question requires an understanding of the causes, nature, and the scale of the economic impacts to achieve the transition to a low carbon future. The third and final question relates to the political economy of international action, and whether a robust and worthwhile agreement is achievable. The lecture  highlights the contribution of economics in providing a response to these important issues.