When setting carbon prices in a warming world, policymakers must be cognizant of the potential economic and environmental consequences of the risk of multiple, interrelated catastrophes.
This is a preview of subscription content, access via your institution
Access options
Subscribe to this journal
Receive 12 print issues and online access
$209.00 per year
only $17.42 per issue
Buy this article
- Purchase on Springer Link
- Instant access to full article PDF
Prices may be subject to local taxes which are calculated during checkout
References
Nordhaus, W. D. A Question of Balance: Weighing the Options of Global Warming (Yale Univ. Press, 2008).
Stern, N. The Economics of Climate Change: The Stern Review (Cambridge Univ. Press, 2007).
Lemoine, D. & Traeger, C. Am. Econ. J. Econ. Policy 6, 137–166 (2014).
Lontzek, T. S., Cai, Y., Judd, K. L. & Lenton, T. M. Nature Clim. Change 5, 441–444 (2015).
van der Ploeg, F. & de Zeeuw, A. J. Climate Tipping and Economic Growth: Precautionary Saving and the Social Cost of Carbon OxCarre Research Paper 118 (Oxford Centre for the Analysis of Resource Rich Economies, Univ. Oxford, 2015).
Lemoine, D. & Traeger, C. Nature Clim. Change http://dx.doi.org/10.1038/nclimate2902 (2016).
Cai, Y., Lenton, T. M. & Lontzek, T. S. Nature Clim. Change http://dx.doi.org/10.1038/nclimate2964 (2016).
Andersson, M., Bolton, P. & Samama, F. Hedging Climate Risk (Columbia Univ., 2014).
Pindyck, R. S. & Wang, N. Am. Econ. J. Econ. Policy 5, 306–339 (2013).
Martin, I. W. R. & Pindyck, R. S. Am. Econ. Review 105, 2947–2985 (2015).
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
van der Ploeg, F. Reacting to multiple tipping points. Nature Clim Change 6, 442–443 (2016). https://doi.org/10.1038/nclimate2962
Published:
Issue Date:
DOI: https://doi.org/10.1038/nclimate2962
This article is cited by
-
Social Cost of Carbon Under Stochastic Tipping Points
Environmental and Resource Economics (2021)
-
Coping with Multiple Catastrophic Threats
Environmental and Resource Economics (2017)
-
Frontiers of Climate Change Economics
Environmental and Resource Economics (2017)