TY - BOOK AU - Vogel,Joseph Henry AU - Chichilnisky,Graciela TI - The economics of the Yasuní initiative: climate change as if thermodynamics mattered SN - 9781843318637 (ebook) AV - HC79.E5 V63 2010 U1 - 333.701 22 PY - 2010/// CY - London PB - Anthem Press KW - Environmental policy KW - Economic aspects KW - Ecuador KW - Climatic changes KW - Greenhouse gas mitigation N1 - Title from publisher's bibliographic system (viewed on 02 Oct 2015); Thermodynamics: the language chosen defines the debate -- The tragedy of the commons: a class of problems that has no technical solution -- The willful ignorance of realpolitik: market failure or cost-shifting success? -- The general theory of second best: a rigorous justification for an intuitively just proposal -- Through the bottleneck of a cowboy economy: financing shovel-ready projects -- Conclusions: reason for hope and despair N2 - Climate change lends itself to both political economy and humor. Through the lens of thermodynamics, the payment Ecuador seeks for not drilling in the Yasuní is equitable and efficient UR - http://www.cambridge.org/core/product/identifier/9781843318637/type/BOOK ER -