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Richard Tol

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Richard Tol
Birth December 2, 1969 (1969-12-02) (age 39)
Hoorn, Netherlands
Nationality  Netherlands
Institution Economic and Social Research Institute
Field Environmental economics
Alma mater Vrije Universiteit Amsterdam
Influences Pier Vellinga
Harmen Verbruggen
Aart de Vos
Contributions Economics of global warming
Information at IDEAS/RePEc

Richard S. J. Tol (born 2 December 1969, Hoorn, the Netherlands) is a Research Professor at the Economic and Social Research Institute, Dublin, Ireland, where he is responsible for the research areas energy and environment. He is also the Professor of the Economics of Climate Change at the Vrije Universiteit, Amsterdam, the Netherlands; an Adjunct Professor at the Department of Engineering and Public Policy, Carnegie Mellon University, Pittsburgh (PA, USA), and an Associate of the Research Unit Sustainability and Global Change, Hamburg University and Centre for Marine and Atmospheric Science, Hamburg, Germany.

Tol has an MSc (1992) in Econometrics and obtained a PhD in Economics from the Vrije Universiteit (Amsterdam, The Netherlands) in 1997. In 1998, he contributed with some other 19 scientists to a joint project of the UNEP and his home university.[1] Alongside hundreds of other experts from around the world, Tol collaborated with the Intergovernmental Panel on Climate Change, which shared the Nobel Peace Prize 2007 with Al Gore. He regularly participates in studies of the Energy Modeling Forum and is an editor of Energy Economics.

Tol specialises in energy economics and environmental economics, with a particular interest in climate change. He is known for his work on the social cost of carbon and integrated assessment modelling, having developed the FUND model. He is a GTAP Research Fellow "in recognition of his innovative applications of the GTAP Data Base in the field of environmental economics", partly for his work on virtual water. The Web of Science lists 124 journal publications, which together have been cited over 925 times, leading to an h-index of 16. IDEAS/RePEc ranks him among the top 250 economists in the world.[2]

[edit] Views on climate change

Tol appears regularly in the media, arguing in favour of keeping the economic costs of climate policy in proportion to its benefits.[3][4][5][6][7] He is regular contributor to the Irish Economy, a blog.

Notably, he has published against the 2ºC target adopted by the European Union.[8] Tol does not advocate another target, but has recommended a specific carbon tax.[9] He argues that compliance may affect the coal and oil industries and the people they employ.[10] In an interview with Der Spiegel in 2005, he argued that temperature rises between 2-4°C would also have advantages. North of a line drawn from Paris to Munich, people would benefit, e.g., from reduced energy bills. However, south of it, people would be overall "losers" of climate change.[11]

In 2007, Tol predicted a reduction in annual economic growth by 0.4% in the Republic of Ireland if greenhouse gases were reduced by 3% per year.[12] The Irish economy, however, plunged into recession following a global credit crisis.

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