Insegnamento a.a. 2018-2019

• Introduction to the Climate Change challenge.
• Integrated Assessment models.
• Making Decisions about the Environment (Cost Benefit and Cost Effective Analysis).
• Who is the social planner? (Inter-temporal and social aggregation issues).
• Modeling Technological Change (The Innovation Externality and Assessing the Costs).
• Valuation Methods (Valuing the Market and non-Market Benefits).
• Environmental Policy Making.
• International Environmental Agreements.

• Understand the basic dynamics of our Planet 's climate system.
• Understand the role of economic processes in causing GHGs emissions.
• Understanding what is a global externality.
• Discuss critically the role of Cost Benefit Analysis in the context of climate change.
• Understand what is an Integrated Assessment model.
• Understand what are market-based policies for externalities.

• Understand the status of international climate negotiations.
• Work in a climate change office of a big firm.
• Take everyday's decisions knowing what they imply in terms of GHG emissions.

• Guest speaker's talks (in class or in distance)
• Case studies /Incidents (traditional, online)
• Group assignments
• Interactive class activities (role playing, business game, simulation, online forum, instant polls)

• Gamification and experiments in the class.
• Videos and newspaper articles follwed by a discussion.
• Role Playing: Climate Agreement Negotiation.
• Group Assignment 1: Written Policy Memo and class presentation.
• Group Assignment 2: Creation of a 2 Minute video (the most voted ones are shown in class).
• Guest Speakers: Actor coaching on how to speak in public (Preparation for assignment 1).

1. Voluntary Assignment 1 (Short Memo) 40%
2. Voluntary Assignment 2 (Video) 30%
3. Final exam (Shorter version) 30%
4. Class Active Participation Prize (1 point) to the top 5 Students

• What does it mean to be an attending student? I run in class exercises throughout the course. In addition, I take presences during the last 5 classes, when groups present their work. Finally, you have to hand in, by partial, a short video pitch that is used to help you improving your presentations kills (more on this in the "how to speack in public" section).
• BClicker: I use BClicker at the beginning of each class to give you the opportunity to test your understanding of the previous class and allow me to go over concepts and ideas that were not clear.
• For the assignments you may work in a team of three (or four, depending on how many students enroll). You are given the possibility to enroll to a group through Bboard).
• HOW TO SPEAK IN PUBLIC: a professional actor and public speaking coach (David Calhan) come to class to provide you with an amazing interactive tutorial on how to present in front of a public. The short video pitch that you hand by partial allows him to give you personalized feedback and help you get prepared to the final presentation of the memo in front of the class. This video pitch is not graded, but has the purpose to give you constructive feedback on presentation skills. You may prepare this video pitch (max 1 minute) with your other team’s members. At least one person has to appear (full person or medium close-up) on the screen. You can pick any slide that I have presented in class as material for your video pitch.
• ASSIGNMENT 1. Memo:  You choose a topic (I have to approve). You work on a brief written policy memo and you present it in class during the last days of class. Active participation to other teams’ presentations is compulsory.
  • Deadline: Submission of memo by the last day of class (no exceptions). Presentations calendar are posted later in the year, but it is one of the last days of class.
  • Detailed information on how to write the memo and how to make the presentation and examples are provided during class and are available on Bboard.
• ASSIGNMENT 2. Video: you choose a topic (I have to approve). This is not the 1 minute video pitch that insteads only be used to give you feedback on presentation sills, so you can decide to be on the video or, instead, to use any other technique (animation, voice-over ppt, etc.).
  • You produce a one/two minutes video explaining a key concept that we have covered during the course. You may decide on the style of the video freely. You don’t need any special equipment – you can use your cell phone for this if you wish. You are graded on:
    • Effectiveness of your presentation.
    • Correctness and completeness of your presentation.
    • The overall pedagogic effectiveness of your video.
    • Complexity of the concept you decided to present. 
  • You constructively comment and vote videos done by other teams using Board. There is a prize assigned to the best video.
  • Detailed information and examples on video are provided during class.
  • Deadline: Submission of video, at the latest, 10 days before the last day of class, 1st of May (no exceptions).
• The Final Exam is written and compulsory. It is required to have a minimum of 18/30 in the final written exam to pass. All above requirements expire within the Academic year.  If you do the voluntary assignments, you have to stick to that option throughout.

• Final exam (Long Version) 100%
• The Final Exam is written.

Main Book: 

• C. KOLSTAD, Intermediate Environmental Economics: International Edition, OUP Catalogue, Oxford University Press, 2011, 2nd edition, number 9780199732654.

The Bboard online syllabus contains all the hyperlinks to the material below:

• W. NORDHAUS, Why the Global Warming Skeptics Are Wrong, The New York Review of Books from the March 22, 2012 issue.
• R.A. MULLER, The Conversion of a Climate-Change Skeptic, The New York Times , Published: July 28, 2012.
• http://www.nationalgeographic.com/climate-change/special-issue/
• http://www.rollingstone.com/topic/climate-change
• J. HANSEN, L. NAZARENKO, R. RUEDY, et al., Earth's Energy Imbalance: Confirmation and Implications, 2005, Science  308, 14.
• IPCC 5th Assessment Report. Technical Summary, Working Group 1 (If the link does not work go to http://www.climatechange2013.org/ and click on the summary for policy makers) http://news.stanford.edu/news/2015/september/global-warming-hiatus-091715.html.
• IPCC 5th Assessment Report. Summary for Policy Maker, Working Group 3 (If the link does not work go to http://mitigation2014.org/ and click on the summary for policy makers) http://coolclimate.berkeley.edu/carboncalculator.
• IEA, Energy, Climate Change and the Environment.
• D. FULLERTON, R. STAVINS, How Economists See the Environment, Nature, 395:6701, 1998.
• G. HARDIN, The Tragedy of the Commons, Science, 162:1243-48, 1968.
• S.J. DUBNER, S.D. LEVITT, Freakonomics: Not-So-Free Ride, The New York Times Published: April 20, 2008.
• KAHNEMAN, et al., Experimental Test of the Endowment effect and the Coase Theorem, The Journal of Political economy, 1990.
• IPCC 4th AR Climate Change 2007: Working Group III: Mitigation of Climate Change, (Chapters 2.4 and 2.6).
• NORDHAUS, Economic aspects of global warming in a post- Copenhagen environment, PNAS, 2010.
• T. SCHELLING, Intergenerational discounting, Energy Policy 23, 395-401, 1995.
• STEFRI KELMAN, Cost-Benefit Analysis: An Ethical Critique, from AEI Journal on Government and Society Regulation (1981) PP. 33-40.
• A.P. KIRMAN, Whom or What Does the Representative Individual Represent?, Journal of Economic Perspectives, American Economic Association, vol. 6(2), pages 117-36, Spring, 1992.
• P. KRUGMAN, Building a Green Economy, The New York Times, April 7, 2010
• R.S.J. TOL, The Damage Costs of Climate Change Toward More Comprehensive Calculations, Environmental and Resource Economics 5, 353-374, 1995.
• Discussion of Burke, Hsiang, and Miguel, 2015. 
• N. STERN, The economics of climate change – The Stern Review, Cambridge University Press, Cambridge, 2007.
• L. CLARKE, et al., International climate policy architectures: Overview of the EMF 22 International Scenarios, Energy Economics, pagg.S64–S81, 2009.
• S. PACALA, R. SOCOLOW, Stabilization Wedges: Solving the Climate Problem for the Next 50 Years with Current Technologies, Science, 2004. http://cmi.princeton.edu/wedges/.
• W.D. NORHAUS, Integrated Economic and Climate Modeling, Cowles Foundation Discussion Paper No. 1839, December 9, 2011.
• P. KRUGMAN, Building a Green Economy, The New York Times, April 7, 2010.
• J. CHAFFIN, Emissions trading: Cheap and dirty, Financial Times, http://www.robertstavinsblog.org/
• S. BARRETT, Self-Enforcing International Environmental Agreements, Oxford Economic Papers, Vol. 46, pp. 878-894, 1994,  https://www.climateinteractive.org/programs/world-climate/.