Skip to content Skip to navigation

Ten Facts about the Economics of Climate Change and Climate Policy

Oct 2019
By  Lawrence Goulder, Charles Kolstad, and Xianling Long contributed to the writing of this document on behalf of the Stanford Institute for Economic Policy Research. Ryan Nunn, Jimmy O’Donnell, and Jay Shambaugh contributed on behalf of The Hamilton Project

The world’s climate has already changed measurably in response to accumulating greenhouse gas (GHG) emissions. These changes as well as projected future disruptions have prompted intense research into the nature of the problem and potential policy solutions. This document aims to summarize much of what is known about both, adopting an economic lens focused on how ambitious climate objectives can be achieved at the lowest possible cost.