Climate Shock: The Economic Consequences of a Hotter Planet
The Economic Consequences of a Hotter Planet
In Climate Shock, Gernot Wagner and Martin Weitzman explore in lively, clear terms the likely repercussions of a hotter planet, drawing on and expanding from work previously unavailable to general readers. They show that the longer we wait to act, the more likely it is that an extreme event will happen. Wagner and Weitzman help readers understand that we need to think about climate change in the same way that we think about insurance--as a risk management problem, only here on a global scale. Demonstrating that climate change can and should be dealt with--and what could happen if we don't do so--Climate Shock tackles the defining environmental and public policy issue of our time.
Gernot Wagner is lead senior economist at the Environmental Defense Fund. He is the author of
But Will the Planet Notice?
Martin L. Weitzman (1942–2019) was professor of economics at Harvard University. His books include
Income, Wealth, and the Maximum Principle.