real-world economics review, issue no. 63

Reduced work hours as a means of slowing climate change
David Rosnick1 [Center for Economic and Policy Research, USA]
Copyright: David Rosnick, 2013

You may post comments on this paper at
http://rwer.wordpress.com/2013/03/25/rwer-issue-63/

Abstract

The choice between fewer work hours versus increased consumption has
significant implications for the rate of climate change. A number of
studies (e.g. Knight et al. 2012, Rosnick and Weisbrot 2006) have
found that shorter work hours are associated with lower greenhouse gas
emissions and therefore less global climate change. This paper
estimates the impact on climate change of reducing work hours over the
rest of the century by an annual average of 0.5 percent. It finds that
such a change in work hours would eliminate about one-quarter to
one-half of the global warming that is not already locked in (i.e.
warming that would be caused by 1990 levels of greenhouse gas
concentrations already in the atmosphere). The analysis uses four
“illustrative scenarios” from the Intergovernmental Panel on Climate
Change (IPCC), and software from the Model for the Assessment of
Greenhouse-gas Induced Climate Change to estimate the impact of a
reduction in work hours.

-- 
Jim Devine /  "Segui il tuo corso, e lascia dir le genti." (Go your
own way and let people talk.) -- Karl, paraphrasing Dante.
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