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Climate Change Economics and Policy : An RFF Anthology - Professor Michael A. Toman

Climate Change Economics and Policy

An RFF Anthology

Paperback Published: 1st April 2001
ISBN: 9781891853043
Number Of Pages: 292

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What are the potential adverse impacts of climate change? How can society determine the amount of protection against climate change that is warranted, given the benefits and costs of various policies? In concise, informative chapters, Climate Economics and Policy considers the key issues involved in one of the most important policy debates of our time. Beginning with an overview and policy history, it explores the potential impact of climate change on a variety of domains, including water resources, agriculture, and forests. The contributors then provide assessments of policies that will affect greenhouse gas emissions, including electricity restructuring, carbon sequestration in forests, and early reduction programs. In considering both domestic and international policy options, the authors examine command and control strategies, energy efficiency opportunities, taxes, emissions trading, subsidy reform, and inducements for technological progress. Both policymakers and the general public will find this volume to be a convenient and authoritative guide to climate change risk and policy. It is a useful resource for professional education programs, and an important addition for college courses in environmental economics and environmental studies. Climate Economics and Policy is a collection of Issue Briefs, prepared by the staff of Resources for the Future (RFF) and outside experts. Many are adapted from pieces originally disseminated on Weathervane, RFFi? s acclaimed web site on global climate change.

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'It will be an invaluable resource for teaching, and it will be useful to environmental professionals who seek a thoughtful treatment of the many policy dimensions of global climate change.' Charles D. Kolstad, University of California, Santa Barbara

Prefacep. ix
Contributorsp. xi
Climate Change Economics and Policies: An Overviewp. 1
Introduction
How the Kyoto Protocol Developed: A Brief Historyp. 11
The Energy-CO[subscript 2] Connection: A Review of Trends and Challengesp. 24
How Much Climate Change Is Too Much? An Economics Perspectivep. 35
The Costs of the Kyoto Protocolp. 48
Impacts of Greenhouse Gas Emissions
Agriculture and Climate Changep. 61
Water Resources and Climate Changep. 67
Forests and Climate Changep. 75
"Ancillary Benefits" of Greenhouse Gas Mitigation Policiesp. 80
Climate Change, Health Risks, and Economicsp. 93
Policy Design and Implementation Issues
Choosing Price or Quantity Controls for Greenhouse Gasesp. 99
Using Emissions Trading to Regulate National Greenhouse Gas Emissionsp. 108
Revenue Recycling and the Costs of Reducing Carbon Emissionsp. 119
Confronting the Adverse Industry Impacts of CO[subscript 2] Abatement Policies: What Does It Cost?p. 125
Carbon Sinks in the Post-Kyoto Worldp. 134
Environmentally and Economically Damaging Subsidies: Concepts and Illustrationsp. 143
Electricity Restructuring: Shortcut or Detour on the Road to Achieving Greenhouse Gas Reductions?p. 153
The Role of Renewable Resources in U.S. Electricity Generation: Experience and Prospectsp. 161
Energy-Efficient Technologies and Climate Change Policies: Issues and Evidencep. 171
Climate Change Policy Choices and Technical Innovationp. 182
Greenhouse Gas "Early Reduction" Programs: A Critical Appraisalp. 191
Climate Policy and the Economics of Technical Advance: Drawing on Inventive Activityp. 198
International Considerations
Policy Design for International Greenhouse Gas Controlp. 205
Establishing and Operating the Clean Development Mechanismp. 216
Allocating Liability in International Greenhouse Gas Emissions Trading and the Clean Development Mechanismp. 227
International Equity and Climate Change Policyp. 235
The Economics of Climate-Friendly Technology Diffusion in Developing Countriesp. 248
Including Developing Countries in Global Efforts for Greenhouse Gas Reductionp. 253
Conclusion
Moving Ahead with Climate Policyp. 257
Glossaryp. 266
Indexp. 271
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9781891853043
ISBN-10: 189185304X
Series: RFF Press
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 292
Published: 1st April 2001
Country of Publication: US
Dimensions (cm): 23.52 x 19.18  x 1.5
Weight (kg): 0.5
Edition Number: 1

Earn 243 Qantas Points
on this Book