Learn about the way economists think about the effects of climate change on the economy and the suitability and effectiveness of mitigation and adaptation policies. Marc will define and explain the significance of concepts such as carbon price, carbon tax, carbon neutrality, climate mitigation, emissions trading, climate denial, and other related concepts. Explore how to model the back-and-forth effects of climate change on the economy and vice-versa, and how economics can help policy-makers manage the energy transition.

Instructor: Marc Henry is a liberal arts professor of economics and director of Graduate Studies at Penn State. He holds a Ph.D. in Economics from the London School of Economics and Political Science. He was on the faculty of economics at Columbia (1998–2007) and the Université de Montréal (2007–2013) before joining Penn State. He is interested in decision processes and policy predictions based on incomplete models and data in situations of severe uncertainty.