Climate and Environmental Economics: Difference between revisions
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''This page is about the intersection of economics and machine learning in the context of climate change mitigation. For an overview of the field of economics, please see the [https://en.wikipedia.org/wiki/Economics Wikipedia page] on this topic.'' |
''This page is about the intersection of economics and machine learning in the context of climate change mitigation. For an overview of the field of economics, please see the [https://en.wikipedia.org/wiki/Economics Wikipedia page] on this topic.'' |
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Production processes, trade and consumption of goods and services are major drivers of global greenhouse gas emissions contributing to anthropogenic climate change. At the same time, climate change affects economic activity locally and globally. A subfield of economics focusses on optimal mitigation and adaption policies and the economic assessment of climate change impacts. Key challenges in quantifying the economic effects of climate change and in designing and analyzing policy instruments are the availability of data and the application of quantitative tools to inform policymaking. ML offers new approaches to generate data and can help to evaluate the effectiveness of implemented policies. |
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== Machine Learning Application Areas == |
== Machine Learning Application Areas == |
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=== [[Integrated Assessment Models (IAMs)]] === |
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IAMs combine economic models, climate models and policy information into one modelling framework. they are used to simulate interactions between different input variables and to compare different policy alternatives. |
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===[[Carbon pricing]] === |
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Pricing greenhouse gas emissions internalizes the external costs of these emissions to society, which are not otherwise reflected in the market price of goods and services. Carbon price can be implemented through a carbon tax or a cap-and-trade policy. |
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== Background Readings == |
== Background Readings == |
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[http://mudancasclimaticas.cptec.inpe.br/~rmclima/pdfs/destaques/sternreview_report_complete.pdf Stern Review on the Economics of Climate Change]: 700-page [https://en.wikipedia.org/wiki/Stern_Review report] released by economist Nicholas Stern for the Government of the United Kingdom on 30 October 2006. |
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== Online Courses and Course Materials == |
== Online Courses and Course Materials == |
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== Conferences, Journals, and Professional Organizations == |
== Conferences, Journals, and Professional Organizations == |
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=== '''Major journals''' === |
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[https://www.springer.com/journal/10640 Environmental and Resource Economics (ERE)]: Official journal of the European Association of Environmental and Resource Economists. Publishes application of economic theory and methods to environmental issues and problems across a range of spatial and temporal scales up to the global dimension. |
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[https://www.tandfonline.com/toc/tcpo20/current Climate policy]: International journal publishing high quality research into climate-change policy, including adaptation, negotiations and impact. |
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=== '''Major societies and organisations''' === |
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[https://www.aere.org Association of Environmental and Resource Economists (AERE)]: Promotes change of ideas, research and graduate training in environmental and resource economics. Scientific organisation with over 1,000 members from more than thirty nations, coming from academic institutions, the public sector, and private industry. |
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[https://www.eaere.org European Association of Environmental and Resource Economists (EAERE)]: International scientific association that encourages collaboration between scholars, researchers, policy makers and students in environmental, climate and resource economics in European countries. |
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[https://climatestrategies.org Climate strategies]: International, not-for-profit research network that aims to improve climate policy through meaningful interactions between decision-makers and climate policy researchers across Europe and internationally. |
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[https://www.ieta.org International Emissions Trading Association (IETA)]: Non-profit business organisation promoting the use of emissions trading. |
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== Libraries and Tools == |
== Libraries and Tools == |
Revision as of 18:58, 22 December 2020
🌎 This article is a stub, and is currently under construction. You can help by adding to it!
This page is about the intersection of economics and machine learning in the context of climate change mitigation. For an overview of the field of economics, please see the Wikipedia page on this topic.
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