Handbook of the Economics of Climate Change: Volume 1

The new Handbook of the Economics of Climate Change Volume 1 provides readers from a broad range of backgrounds – including students, researchers, policy-makers, and practitioners – with a central reference for core elements the economics of climate change: Integrated Climate-Economic Modeling, Empirical Approaches to Climate Change Impact Quantification, Discounting, Mitigation Costs, Adaptation, Climate Policy Options, International Cooperation, and Uncertainty. Leading scholars present timely and accessible overviews on each of these topics, providing interested readers with a broad understanding of key issues and engaged scholars with a foundation for embarking on research in this field.

• Introduces core topics in climate economics to researchers, graduate students, policy makers, and practitioners.
• Covers how climate economics questions are addressed with diverse methodological approaches including applied microeconometrics, game theory, industrial organization, and quantitative macroeconomics.
• Provides up-to-date overviews of modern climate economics research prepared by leading experts in the field.

Solomon Hsiang is a Professor of Global Environmental Policy at Stanford University in the Doerr School of Sustainability. Hsiang directs the Global Policy Laboratory, where his team integrates economics with physical science and data science to address questions central to managing global resources. Hsiang is a Co-Director at the Climate Impact Lab, co-founder of mosaiks.org, Research Associate at the National Bureau of Economic Research (NBER), and a National Geographic Explorer. Hsiang was Lead Author of the first Economics chapter in the Fifth National Climate Assessment (2023) and he served as the first Chief Environmental Economist at the White House Office of Science and Technology Policy (2023-24), where he oversaw the inaugural year of the United States’ natural capital accounting program. Hsiang earned a BS in Earth, Atmospheric and Planetary Science and a BS in Urban Studies and Planning from the Massachusetts Institute of Technology, and he received a PhD in Sustainable Development from Columbia University. Hsiang was a Post-Doctoral Fellow in Applied Econometrics at the (NBER) and a Post-Doctoral Fellow in Science, Technology and Environmental Policy at Princeton University. Previously, Hsiang was faculty at the University of California, Berkeley.