Economy

Abstract

Earlier chapters have shown that elevated levels of greenhouse gases in the atmosphere and the resulting impacts on the earth's climate could have significant environmental impacts. This chapter focuses on the economic impacts of climate change. It begins by reviewing the latest Texas demographic and economic trends and forecasts, followed by a discussion of the likely economic impacts on the state of projected climate change. The concluding sections discuss the economics of climate change, the types of public policy that can be used to address it, and the economic impact on the United States and Texas of national climate change policy. Copyright © 2011 by the University of Texas Press. All rights reserved.