Chapter 3: Climate Change.

This chapter analyses the policy implications of the climate change challenge. Are
\ncurrent emission reduction pledges made in Copenhagen/Cancun enough to
\nstabilise the climate and limit global average temperature increase to 2 oC? If not,
\nwhat will the consequences be? What alternative growth pathways could stabilise
\nthe global average atmospheric concentration of greenhouse gases (GHG) at
\n450 ppm, the level which has a 50% chance of keeping the temperature rise to 2 oC?
\nWhat policies are needed, and what will be the costs and benefits to the economy?
\nHow can the world adapt to the warming that is already occurring? To shed light on
\nthese questions, this chapter…