Open AccessSolar geoengineering economics: From incredible to inevitable and half‐way back
Author(s) -
Harding Anthony,
MorenoCruz Juan B.
Publication year - 2016
Publication title -
earth's future
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.641
H-Index - 39
ISSN - 2328-4277
DOI - 10.1002/2016ef000462
Subject(s) - geoengineering , incentive , emerging technologies , economics , climate change , neoclassical economics , computer science , microeconomics , ecology , artificial intelligence , biology
Abstract Solar geoengineering technologies are unique in many ways, and the economic incentives they could unleash are just as interesting. Since their introduction as a potential alternative, economists have been intrigued by the potential of these technologies to dramatically alter the way we think about climate policy. As our scientific understanding of the technologies evolve, so does the way economists think about them. In this paper, we document the evolution of economic thinking around these technologies since before Crutzen (2006) until today and provide some fruitful areas for further research.