Abstract
Over the last decade, scientists have studied extensively the greenhouse effect, which holds that the accumulation of carbon dioxide (CO2) and other greenhouse gases (GHGs) is expected to produce global warming and other significant climatic changes over the next century. Along with the scientific research have come growing alarm and calls for drastic curbs on the emissions of greenhouse gases, as, for example, the reports of the Intergovernmental Panel on Climate Change (IPCC, 1990) and the Second World Climate Conference (October 1990). To date, these calls to arms for forceful measures to slow greenhouse warming have been made without any serious attempt to weigh the costs and benefits of climatic change or alternative control strategies.
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Nordhaus, W.D. (1993). How Much Should We Invest In Preserving Our Current Climate?. In: Giersch, H. (eds) Economic Progress and Environmental Concerns. A Publications of the Egon-Sohmen-Foundation. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-78074-5_11
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DOI: https://doi.org/10.1007/978-3-642-78074-5_11
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