Concept information
Preferred term
cost of affecting climate change
Definition
- THE MAJOR PROBLEM with determining the economics of affecting climate change is the number of variables involved and the inability, even using advanced modeling theories, to accurately project these variables for more than a few years. Projecting the economic costs of doing nothing to combat climate change, or the costs of attempting to do something, are hampered not only by understanding the effects of the climate change on national, regional, noindent and global economies, but also by the infinite variables that must be incorporated into the economic models. [Source: Encyclopedia of Global Warming and Climate Change; Economics, Cost of Affecting Climate Change]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/cost_of_affecting_climate_change
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