SCEPA: Economics of Climate Change

Critics of policies that would mitigate climate change often cite negative effects on the economy to forestall change. But are they right? Schwartz Center for Economic Policy Analysis (SCEPA) is investigating these arguments in a project on the Economics of Climate Change led by Faculty Fellow Willi Semmler. Initiated in 2010 with a comprehensive international conference, SCEPA is questioning how to enact effective climate change policy in light of fragile domestic and global economies and the possibilities and practicalities of renewable energy.

Founded in 1995 by the influential political economist David Gordon, SCEPA is the economic policy research arm of the department of economics at The New School for Social Research. Made possible through a generous gift from Irene and Bernard L. Schwartz, SCEPA is distinct from other economic think tanks by its location within The New School. In the heart of New York City, both the university and center are part of a network of leaders dedicated to progressive and innovative education and ideas. SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy – that of business, management, and labor – to raise living standards, create economic security, and attain full employment.

Recent topics of discussion on the Economics of Climate Change include the plight of climate refugees, climate change policies since the historic COP21 agreement negotiated in Paris last April, and financing climate change mitigation through green bonds.

To explore the Economics of Climate Change: