Smart Solutions to Climate Change: Comparing Costs and Benefits 2010th Edition

by Bjørn Lomborg (Editor)

9 ratings

ISBN-13: 978-0521138567

ISBN-10: 0521138566

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Watch Bjorn Lomborg on how Al Gore "oversold the message" on climate change and how we should be spending more on alternative energy research:

The failure of the Copenhagen climate conference in December 2009 revealed major flaws in the way the world's policy makers have attempted to prevent dangerous levels of increases in global temperatures. The expert authors in this specially commissioned collection focus on the likely costs and benefits of a very wide range of policy options, including geo-engineering, mitigation of CO2, methane and ‘black carbon', expanding forest, research and development of low-carbon energy and encouraging green technology transfer. For each policy, authors outline all of the costs, benefits and likely outcomes, in fully referenced, clearly presented chapters accompanied by shorter, critical alternative perspectives. To further stimulate debate, a panel of economists, including three Nobel laureates, evaluate and rank the attractiveness of the policies. This authoritative and thought-provoking book will challenge readers to form their own conclusions about the best ways to respond to global warming.

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Editorial Reviews

Review

“Clean energy is essential to our addressing the carbon climate problem. This research shows clearly that we must prime the pump on innovation now with increased funding for research and development, while putting incentives in place that allow the resulting new technologies to compete successfully in the marketplace.” - Bill Gates

“This book of research challenges readers to consider the costs and benefits of different responses to global warming. It introduces an important – and seldom heard – economic perspective to this policy discussion. The wealth of data and provocative arguments presented here make ‘Smart Solutions to Climate Change’ a valuable resource for policy-makers, NGOs, academics, students, and everybody who is interested in learning more about the economic realities that face us as we confront this challenge.” - Douglass C. North, Washington University in St Louis, Nobel Laureate in Economic Sciences

"This book provides not only a reservoir of information on the reality of human induced climate change, but raises vital questions and examines viable options on what can be done to meet the challenge. In the introduction itself Bjorn Lomborg catalogues the impacts of climate change, highlighting the problem of sea level rise, pressure on water resources, and declining food production in some countries, ' possibly becoming a source of societal conflict'. It allows different authors to articulate their views on a range of solutions, and then leaves the book's readers to form their own conclusions on what might be the best set of actions to adopt. Even though its pages present a diversity of options, at the end the average reader would stand better informed, and would have formed his or her own compelling logic on the answer to this planet's problem of climate change. I would recommend this book as much for the fact that Lomborg supports the view that we have 'long moved on from any mainstream disagreements about the science of climate change', as for the rich diversity of analysis it presents on a range of possible solutions." - Rajenda K. Pachauri, Chairman, Intergovernmental Panel on Climate Change

“In an environmental field where positions are too often frozen in orthodoxy―on the left and on the right―Bjorn Lomborg provides a much needed fresh perspective, grounded in a realism that still avoids pessimism. His work with the Copenhagen Climate Consensus is a vital, solution-oriented contribution to the economics of global warming―and the many other problems facing a growing planet.” - Bryan Walsh, Time

“The bad news is that the world seems poised to spend vast sums on ineffective global warming policies. The good news is that Bjorn Lomborg and the Copenhagen Consensus Center bring together the best advice from leading experts on smart ways to address climate change. The public and policymakers should take heed.” - Ronald Bailey, Science Correspondent, Reason Magazine

"A constructive book that focuses seriously on finding effective ways to combat global warming, and the differences of opinions it expresses are stimulating and enlightening [...] Smart Solutions marks symbolically the end of one stage of thinking about climate change and the beginning of another." - Nature

Book Description

Bjørn Lomborg challenges world-class economists to describe the costs and benefits of a range of policies to combat global warming.

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Product details

Publisher ‏ : ‎ Cambridge University Press; 2010th edition (October 29, 2010)
Language ‏ : ‎ English
Paperback ‏ : ‎ 436 pages
ISBN-10 ‏ : ‎ 0521138566
ISBN-13 ‏ : ‎ 978-0521138567
Item Weight ‏ : ‎ 1.87 pounds
Dimensions ‏ : ‎ 6.69 x 0.89 x 9.61 inches

Best Sellers Rank: #485,556 in Books (See Top 100 in Books)
- #450 in Rivers in Earth Science
- #469 in Weather (Books)
- #616 in Environmental Policy

Customer Reviews:
9 ratings

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4 star		21%
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2 star		18%
1 star		14%

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Steven Forth

Slanted, but chock full of valuable info

Reviewed in the United States on January 6, 2011

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First a rant - To the managers of Cambridge University Press - Why is this book so expensive? It desrves wide readership but at this price very few people can afford to buy it.

I am not a Bjorn Lomborg fan. I think his approach (i) conceals a great deal of bias and (ii) depends on economic models for decision making that have been proven to be misleading. I also think it fairly easy to debunk the Expert Panel Ranking at the end of the book. Unsurprisingly, the rankings are done by economists.

That said, I found this book very valuable. It is full of interesting and challenging perspectives, provides access to some useful data, and makes some effort to tell more than one side of the story. At this point in the climate change debate we should be looking for different opinions and different approaches to solutions. This book is one place to start.

Solutions considered -
- Climate Engineering
- Carbon Dioxide Mitigation
- Forestry Carbon Sequestration
- Black Carbon Mitigation
- Methane Mitigation
- Market and Policy Driven Adaptation (interesting that these are considered together, and I think the best way to think about these two alternatives is to think about them together)
- Technology-Led Climate Policy
- Technology Transfer

Expert Panel Ranking (all of the 'experts' are economists)
If $250 billion were to be invested how would one rank the proposals as candidates for investment?
Very Good
- Marine cloud whitening research
- Energy R&D
- Stratospheric Aerosol Insertion Research
- Carbon Storage Research
Good
- Planning for adaptation
- Research into air capture
Fair
- Technology transfers
- Expand and protect forests
- Stoves in developing nations
Poor
- Methane reduction portfolio
- Diesel vehicle emissions
- $20 OECD carbon tax
Very Poor
- Global CO2 taxes of various levels

It is revealing that this group of economists gravitates to climate engineering solutions. They make the surprising claim that these research projects "reduce the risk of pork barrel politics and lower transaction costs." This is just stupid. These kids of research and massive technology interventions into ecologies are prime examples of pork-barrel politics. To propose a set of untested technologies that depend on unpredictable interventions into ecosystems is a stunning act of hubris. It is fascinating that this group of economists wants us to rely on technology solutions and wants to keep away from capturing externalities. Basically, this book is a sophisticated effort to prevent any real action on climate change.

One area that is worth calling out thought is Adaptation. At this point, some degree of climate change is inevitable and it is important that we begin to look at how we build resilient societies and economies and societies. Some people don't want to talk about adaptation as they fear that this will take pressure off efforts to deal with the problem at source. But it is already too late for that, we have to begin to adapt and we need to research (and discuss) what that means. The actual chapter on Market- and Policy-Driven Adaptation by Bosello, Carraro and De Cian was a disappointment. It did not go into the nature of the adaptations or even to the nature of adaptive mechanisms. But the authors appear to be economists, and the range of alternatives they imagine is limited.

All in all, this book can help to inform discussion as long as one understands its limitations - it is by economists, with a very narrow range of reference, with a bias towards technology solutions, the complexity of which they seem to be ill equipped to understand.

26 people found this helpful

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Bob Marshall

Good read for policy understanding

Reviewed in the United States on December 8, 2013

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I am an elected official and appreciate Lomborg's non hysterical analysis of this topic. He is able to project costs and trade offs in a reasonable manner.

2 people found this helpful

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Toni

Five Stars

Reviewed in the United States on January 23, 2016

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very interesting book

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Better than no-doze

Reviewed in the United States on December 17, 2012

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I was hoping this would make a case that we're spending money fixing the wrong things that could make a difference with the climate. However, this was mostly facts and figures, leaving it up to the reader to decipher. Maybe I missed the conclusion, because I couldn't stay awake.

One person found this helpful

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Jimson Sweatervest

Technocratic Jargon Masks Incoherence

Reviewed in the United States on July 7, 2020

This book was clearly written for public policy experts. It should not be marketed to the public. As someone who is scientifically and environmentally literate I was bored with this book while finding it to be missing many important points (both ignoring many important potential solutions and many important dimensions of that which was under discussion in any section).

The insularity of the policy elite has been a huge problem, as this book exemplifies. The authors of this book may have padded their CV with their participation, but the writing was clearly meant for journal referees. This is to say that the writing will offend no one other than a reader who might hope for a book worth reading.

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Kåre Fog

A biased approach to the economics of climate change

Reviewed in the United States on January 3, 2011

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The book contains 8 main chapters and 13 shorter perspective papers, written by a total of 29 contributors. In the last part of the book, the presented opportunities are ranked by a panel of five prominent economists. Introduction and Conclusion is written by Bjørn Lomborg.

I have scrutinized the contents carefully and placed an extensive review/criticism on the following address:
[...]

The overall conclusion is that the book is biased towards downplaying the severity of climate change and the need to cut carbon dioxide emissions. The increasing risk of weather catastrophes is left out of crucial computer models. Placing a tax on carbon emissions is presented as a very poor idea. This is based on chapter 2 written by Richard Tol, in which the damages from climate change (the social cost of carbon) are estimated by a computer model at a level so low that it is a complete outlier relative to other estimates, including those published and reviewed by Tol himself. This biased output then allows a panel of economists to conclude that carbon taxation has a very low benefit-cost-ratio. Thus, although many experts assert that high fuel prices are necessary to produce a 'price signal' that will induce the necessary innovation of energy technology, the book manages to delete such necessary carbon taxes from the portfolio of recommendable solutions.

19 people found this helpful

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T D P LEWIS

Pragmatic solutions!!

Reviewed in the United Kingdom on December 26, 2019

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Comprehensive and very detailed. It beats the mass hysteria by extinction rebellion!!!

Lynne S.

Modellierung

Reviewed in Germany on February 7, 2011

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Die Modellierung ist ein bisschen aufwendig für den Alltag-leser, aber mit einem bisschen Geduld, kommt man durch. Das Buch ist hoch aktuell und hoch interessant. Ich finde es sehr gut, dass das Buch verschiedene Meinungen darstellt.

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Smart Solutions to Climate Change: Comparing Costs and Benefits 2010th Edition

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