Economic Impact and Social Cost of Climate Change and Carbon Reduction

Authors: Xiangzheng Deng*, Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Yuping Bai, Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences
Topics: Global Change, Coupled Human and Natural Systems, Economic Geography
Keywords: global change, carbon emission, carbon reduction, economic of climate change, economic impact and social cost
Session Type: Paper
Day: 4/4/2019
Start / End Time: 3:05 PM / 4:45 PM
Room: 8224, Park Tower Suites, Marriott, Lobby Level
Presentation File: No File Uploaded


The assessment of economic impact and social cost of climate change and carbon reduction has attracted widespread attention from academic fields and determination departments. In this paper, we firstly analyze the research status of economic impact and social cost of climate change and carbon emission on a global scale. Based on the global CO2 nonuniform dynamic distribution, we then propose new economic theoretical methods, models and technology system on climate change. We further discuss on the temporal and spatial relationship between global CO2 nonuniform dynamic distribution and land temperature, the evaluation of carbon emission space of major countries under global CO2 nonuniform dynamic distribution and the evaluation of social and economic cost of carbon emission and carbon reduction in China under temperature threshold value of 1.5? and 2? This research provides decision supports on formulating strategies carbon emission and carbon reduction, achieving climate change mitigation and sustainable transformation and promoting discourse right in response to climate change for China. The design of the research methods and technical route will effectively answer the key scientific problems: 1) How the global CO2 nonuniform dynamic distribution affects the rising surface temperature?2) How to develop new economic model and technology system on climate change? 3) How to calculate the carbon emission space in the main countries of the world under the temperature controlling threshold? 4) Taking justice, fairness, efficiency and historical responsibility into account, how to evaluate the social and economic costs of carbon emissions and carbon reduction and assess national differences?

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