Abstract:

This paper gives a review on research achievements concerning economics of climate change in the past decade.Economics of climate change is a subject that studies economic behaviors during the process of climate change caused by human intervention.Current researches are pronominally focused on the impact of climate change on economics,costs and benefits of adaptation measures,international cooperation mechanism and discount rate selection involving intergenerational equity.In terms of research methods,this paper conducted a detailed description on the widely used costbenefit analysis and carbon tax mechanism.At the application level,developed regions including Europe and the United States have done an excellent job in the respect of building urban economics of climate change assessment system and carbon tax imposture,of which we are still in its infancy.In regard to the researches on economics of climate change,it is more suitable to carry out costbenefit assessment in developed provinces or cities than in developing ones,which should concentrate on assessing the potential economic damage caused by climate change and its prevention measures.In addition,we should also be concerned about successful carbon tax policies in the EU region even though the carbon tax is unlikely to be introduced in China currently,and it is also necessary to discuss and study the feasibility of carbon tax, approaches to proper tax rate as well as legislation to protect the mechanism