Frank Ackerman, Elizabeth Stanton, Steve DeCanio, Eban Goodstein, Richard B. Howarth, Richard B. Norgaard, Catherine S. Norman, Kristen Sheeran, The Economics of 350, The Solutions Journal, Volume 1, Issue 5, September 2010, Pages 49-56 (https://www.thesolutionsjournal.com/article/the-economics-of-350/) Abstract: Worldwide, there is a growing consensus that strong action is needed to reduce carbon emissions. European Union (EU) governments have begun large-scale policy initiatives to do so; the United States lags behind but has finally begun a serious debate about proposals for climate legislation. Yet at their best, both EU and proposed U.S. policies would contain CO2 concentrations at about 450 parts per million (ppm), which until recently was considered a “safe” level but which many scientists now believe would still result in substantial, costly climate changes. Even a target of 450 ppm is viewed by many economists as too ambitious and potentially damaging to the economy. Economists for Equity and Environment, a group dedicated to applying and developing economic principles to protect human health and the environment, conducted a study last year titled The Economics of 350.1 None of the scenarios from credible research that were examined found that moving toward a goal of 350 … Topics: Climate Change; Economy; Energy; Sustainability