โ Scribed by Dieter Helm
No coin nor oath required. For personal study only.
The threat posed by climate change has not yet been matched by economic policies that can deliver sharp reductions in carbon emissions. The Kyoto Protocol has not received support from the USA, and ratification has been delayed by Russia's reluctance to sign up- both in part because of its costs. Few European countries are on course to meet their own national targets. In consequence, there is a search for a post-Kyoto framework, new institutions and new economic policies to spread the costs and meet them in an economically efficient way. This volume provides an overview of the economics of climate change, the policy options, and the scope for making significant carbon reductions.
0199281459......Page 1
Contents......Page 6
Contributors......Page 8
Preface......Page 14
Introduction......Page 16
1 Climate-change Policy: A Survey......Page 26
Part One: Principles......Page 46
2 Science Informing Policy on Climate Change......Page 48
3 Uncertainty and Climate-change Policy......Page 60
4 Integrated Assessment Models......Page 94
Part Two: The Social Cost of Carbon......Page 116
5 The Social Cost of Carbon......Page 118
6 The Social Costs of Greenhouse Gases: Their Values and Policy Implications......Page 153
7 The Marginal Damage Costs of Carbon-dioxide Emissions......Page 171
Part Three: Tradable Permits and Carbon Taxes......Page 186
8 The Tradable-permits Approach to Protecting the Commons: Lessons for Climate Change......Page 188
9 Carbon Trading in the Policy Mix......Page 215
10 Fiscal Interactions and the Case for Carbon Taxes over Grandfathered Carbon Permits......Page 239
11 Tradable Permits for Climate Change: Implications for Compliance, Monitoring, and Enforcement......Page 259
Part Four: Kyoto and After......Page 274
12 The Kyoto Protocol: Success or Failure?......Page 276
13 Kyoto Plus......Page 305
Part Five: Institutional Design and Energy Policy......Page 328
14 Credible Carbon Taxes......Page 330
15 Climate Change and Energy Policy......Page 347
Bibliography......Page 366
A......Page 406
C......Page 407
D......Page 409
E......Page 410
F......Page 412
H......Page 413
I......Page 414
K......Page 415
M......Page 416
O......Page 417
P......Page 418
R......Page 419
S......Page 420
T......Page 421
U......Page 422
Z......Page 424
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