By: Christian de Perthuis, Michael Westlake (Transcribed by)

Hardcover

Click on the Google Preview image above to read some pages of this book!

Since the publication of the Stern Review, economists have started to ask more normative questions about climate change. Should we act now or tomorrow? What is the best theoretical carbon price to reach long-term abatement targets? How do we discount the long-term costs and benefits of climate change? This provocative book argues that these are the wrong sorts of questions to ask because they don't take into account the policies that have already been implemented. Instead, it urges us to concentrate on existing policies and tools by showing how the development of carbon markets could dramatically reduce world greenhouse gas (GHG) emissions, triggering policies to build a new low-carbon energy system while restructuring the way agriculture interacts with forests. This provides an innovative new perspective on how a post-Kyoto international climate regime could emerge from agreements between the main GHG emitters capping their emissions and building an international carbon market.

'For those who do not understand why a global agreement is needed in the climate change rounds and why this agreement is so difficult to reach, this book provides a clear and balanced presentation of the issues.' Claude Mandil, former Executive Director of the International Energy Agency

Introduction: the opera house of Manaus
Climate risk
Some like it hot (climate change adaptation)
Building a low-carbon energy future
Pricing carbon: the economics of cap-and-trade
Agricultural intensification to preserve forests
Pricing carbon: the economics of offsets
Macroeconomic impacts: distributing the carbon rent
International climate change negotiations
Conclusion: risk of taking action, risk of inaction
Bibliography: thirty references
Thirty key facts
Greenhouse gas emissions in the world
Glossary of key terms
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9781107002562
ISBN-10: 1107002567
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 262
Published: 25th April 2011
Dimensions (cm): 22.8 x 15.24  x 2.286
Weight (kg): 0.499