The political economy of climate change
Nobel laureate Jean Tirole
The political economy of climate change
The French economist Jean Tirole sees gigantic events like the one in Glasgow as unsuitable for driving climate change action forward. He advocates a climate club of the willing. Poorer countries should be brought on board through the generous allocation of emission rights. This interview was conducted by NZZ journalists Christoph Eisenring and Petr A. Fischer in the course of the UBS Center Forum for Economic Dialogue on 9 November 2021 in Zurich.
This summary is part of a compilation of speeches delivered by Nobel laureates at UBS Center events. We invite you to explore our Nobel Opinions and find out more about their research, their vision, and their solutions to address some of the most pressing issues of our time.
The French economist Jean Tirole sees gigantic events like the one in Glasgow as unsuitable for driving climate change action forward. He advocates a climate club of the willing. Poorer countries should be brought on board through the generous allocation of emission rights. This interview was conducted by NZZ journalists Christoph Eisenring and Petr A. Fischer in the course of the UBS Center Forum for Economic Dialogue on 9 November 2021 in Zurich.
This summary is part of a compilation of speeches delivered by Nobel laureates at UBS Center events. We invite you to explore our Nobel Opinions and find out more about their research, their vision, and their solutions to address some of the most pressing issues of our time.
Sustainability and climate change
What are the costs of climate change and what are sensible measures in the fight against global warming? At the Forum for Economic Dialogue on 9 November 2021 distinguished experts from the fields of economics and science discussed these central questions from an economic perspective.
Concluding the event, Nobel laureate Jean Tirole delivered the Zurich Lecture of Economics in Society on the political economy of climate change. How can we sustainably reduce CO2 emissions? What concrete measures are feasible, sustainable, and socially acceptable at the global level? Jean Tirole put these questions in the context of international cooperation, focusing on institutions, policies, and regulations.
What are the costs of climate change and what are sensible measures in the fight against global warming? At the Forum for Economic Dialogue on 9 November 2021 distinguished experts from the fields of economics and science discussed these central questions from an economic perspective.
Concluding the event, Nobel laureate Jean Tirole delivered the Zurich Lecture of Economics in Society on the political economy of climate change. How can we sustainably reduce CO2 emissions? What concrete measures are feasible, sustainable, and socially acceptable at the global level? Jean Tirole put these questions in the context of international cooperation, focusing on institutions, policies, and regulations.
Video
How can we achieve a sustainable economy?
No other topic shows the interrelation of our own environment with global developments as clearly as climate change. Economists of all disciplines agree that climate change is having unprecedented effects on economic and social development and should be one of our top priorities. If we want to sustainably reduce CO2 emissions, globally coordinated measures are needed. The question is, how do we do that? What are the costs of climate change and what are sensible measures in the fight against global warming?
No other topic shows the interrelation of our own environment with global developments as clearly as climate change. Economists of all disciplines agree that climate change is having unprecedented effects on economic and social development and should be one of our top priorities. If we want to sustainably reduce CO2 emissions, globally coordinated measures are needed. The question is, how do we do that? What are the costs of climate change and what are sensible measures in the fight against global warming?
UBS Nobel Perspectives
To help address the big questions that shape our world, UBS has sought out a number of Nobel laureates in Economic Sciences to ask them to share insights, discuss their research, and open their inquiring minds.
Tirole addresses not only the benefits of market regulation and competition but also emphasizes the urgent need for a global climate action plan.
Explore various videos with Jean Tirole.
To help address the big questions that shape our world, UBS has sought out a number of Nobel laureates in Economic Sciences to ask them to share insights, discuss their research, and open their inquiring minds.
Tirole addresses not only the benefits of market regulation and competition but also emphasizes the urgent need for a global climate action plan.
