Articles in peer-reviewed journals are widely considered the gold standard for academic research. A survey of the peer-reviewed literature demonstrates that there is rigrous economic support for immediate, large-scale policy responses to the climate crisis.
The articles included here generally reflect and build on the following principles:
- Risk and uncertainty are fundamental to the climate problem; the magnitude and the irreversibility of uncertain, but possible, worst-case climate impacts dominate the analysis of policy options.
- Ethics and equity are inseparable from economic analysis; there are deep questions of fairness between rich and poor today, and between present and future generations, at stake in the debate.
- The severity of the problem and the scope of the required response are so great that marginal analysis of small changes and modest adjustments of market-based instruments are inadequate to the task of understanding and protecting the earth’s climate.
Our guide to the peer reviewed literature is organized by the topic areas below.