Uncertainty is intrinsic to climate change: we know that the climate is changing but not precisely how fast or in what ways. Nor do we understand fully the social and economic consequences of these changes or the options that will be available for reducing climate change. Furthermore, the...

I review the concept of sustainability and the various approaches to quantifying it. My focus is on the role that natural capital plays in supporting human welfare, the extent to which there are substitutes for it in this role, and how this is reflected in sustainability measures. Copyright ,...

I review the concept of sustainability and the various approaches to quantifying it. My focus is on the role that natural capital plays in supporting human welfare, the extent to which there are substitutes for it in this role, and how this is reflected in sustainability measures. Copyright...

Greater use of renewable energy is seen as a key component of any move to combat climate change, and is being aggressively promoted as such by the new U.S. administration. Yet there has been little economic analysis of renewable energy. This article surveys the literature on the economics of...