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The book criticizes neoclassical climate economics in the tradition of William Nordhaus. It explains why this kind of thinking is misleading and why neoclassical climate economics asks the wrong questions. The book also explains why there is not enough pluralism in economics and that there are specific responsibilities of economists. One important responsibility is to care about relevant issues. Another responsibility concerns the adequate choices of research methods. The book argues that economists have a responsibility to allow a plurality of different approaches.
The book provides an overview of the neoclassical approach to climate economics. Nobel laureate Nordhaus' fundamental model is explained and widely criticized. It is explained how climate economics could benefit from insights from other schools of thought. The book can therefore be a good basis for term papers/theses that critically examine the prevailing climate econometrics. It is also useful for a discussion of neoclassical climate policy through CO2 pricing.