The Price of Carbon

By David D Maenz

The Price of Carbon goes beyond an assessment of the science of climate change and the impacts of excess emissions. The book details viable pathways to transition economic practices and evaluates the policies and climate action plans of the top emitting countries. If severe damage from climate change is to be avoided, advanced economies must up the level of ambition to curtail emissions while developing countries must follow low carbon pathways of economic growth.

THE LAST TRILLION TONNES¬
There remains less than 1 trillion tonnes of carbon dioxide in a budget of future greenhouse gas emissions aligned with the objective of the Paris Agreement to limit surface warming. At present the global level of ambition to combat climate change is insufficient and average temperatures are projected to increase by 3-4°C over the course of this century.
The immense cost of inaction on our part will be borne by future generations as the planet warms, sea levels rise and oceans acidify, and the incidents and severity wildfires, floods, cyclones, droughts, heat waves, crop failures, famine, and climate change migration, conflict and loss of life and livelihood increase. Viable pathways to a sustainable future do exist. There is a brief window of opportunity to advance ambitions and strengthen policies. Applying a fraction of the future cost of climate change damage to progressively decarbonized global economies over the next 30 years is not only ethical but an exercise in common sense economics.

• Language: English
• Publisher: David D Maenz
• Release date: Nov 30, 2017
• ISBN: 9781773700403

David D Maenz

David Maenz received his Ph.D. from the University of Saskatchewan and held several academic positions prior co-founding MCN BioProducts in 2001. Dr. Maenz is the inventor/co-inventor of 7 patents and is the author of 33 scientific papers and 2 book chapters. Dr. Maenz is retired from business interests and lives in Saskatoon. The Price of Carbon was researched and written over a 2 year period by a scientist with a broad interest in the interrelated subjects that comprise the issue of anthropogenic (man-made) climate change. The intent of the author was to distill the findings and conclusions of expert groups such as the Intergovernmental Panel on Climate Change and the International Energy Agency, into a narrative for a wider audience. The book was written from a global perspective and avoids over simplification of what is perhaps the most important issue of our time.