Climate Change Economics and Policy: An RFF Anthology

by Michael A. Toman (Editor)

Overview

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, RFF‘s acclaimed web site on global climate change.

Product Details

ISBN-13:	9781138419025
Publisher:	Taylor & Francis
Publication date:	08/02/2017
Pages:	288
Product dimensions:	7.50(w) x 9.25(h) x (d)

About the Author

Michael A. Toman is a senior fellow and the director of the Energy and Natural Resources division at Resources for the Future. He is the coauthor, coeditor, and editor of several books, including Pollution Abatement Strategies in Central and Eastern Europe, Assessing Surprises and Nonlinearities in Greenhouse Warming, and Technology Options for Electricity Generation.

Table of Contents

Preface
/Michael A. Toman
/1. Climate Change Economics and Policies: An Overview
/Michael A. Toman
/Part One: Introduction
/2. How the Kyoto Protocol Developed: A Brief History
/J. W. Anderson
/3. The Energy-CO2 Connection: A Review of Trends and Challenges
/Joel Darmstadter
/4. How Much Climate Change Is Too Much? An Economics Perspective
/Jason F. Shogren and Michael A. Toman
/Appendix A: The Costs of the Kyoto Protocol
/Sarah A. Cline
/Part Two: Impacts of Greenhouse Gas Emissions
/5. Agriculture and Climate Change
/Pierre Crosson
/6. Water Resources and Climate Change
/Kenneth D. Frederick
/7. Forests and Climate Change
/Roger A. Sedjo and Brent Sohngen
/8. 'Ancillary Benefits' of Greenhouse Gas Mitigation Policies
/Dallas Burtraw and Michael A. Toman
/Appendix B: Climate Change, Health Risks, and Economics
/Alan J. Krupnick
/Part Three: Policy Design and Implementation Issues
/9. Choosing Price or Quantity Controls for Greenhouse Gases
/William A. Pizer
/10. Using Emissions Trading to Regulate National Greenhouse Gas Emissions
/Carolyn Fischer, Suzi Kerr, and Michael A. Toman
/11. Revenue Recycling and the Costs of Reducing Carbon Emissions
/Ian W.H. Parry
/12. Confronting the Adverse Industry Impacts of CO2 Abatement Policies: What Does It Cost?
/Lawrence H. Goulder
/13. Carbon Sinks in the Post-Kyoto World
/Roger A. Sedjo, Brent Sohngen, and Pamela Jagger
/14. Environmentally and Economically Damaging Subsidies: Concepts and Illustrations
/Carolyn Fischer and Michael A. Toman
/15. Electricity Restructuring: Shortcut or Detour on the Road to Achieving Greenhouse Gas Reductions?
/Karen L. Palmer
/16. The Role of Renewable Resources in U.S. Electricity Generation: Experience and Prospects
/Joel Darmstadter
/17. Energy-Efficient Technologies and Climate Change Policies: Issues and Evidence
/Adam B. Jaffe, Richard G. Newell, and Robert N. Stavins
/18. Climate Change Policy Choices and Technical Innovation
/Carolyn Fischer
/19. Greenhous Gas 'Early Reduction' Programs: A Critical Appraisal
/Ian W.H. Parry and Michael A. Toman
/Appendix C: Climate Policy and the Economics of Technical Advance: Drawing on Inventive Activity
/Raymond J. Kopp
/Part Four: International Considerations
/20. Policy Design for International Greenhouse Gas Control
/Jonathan Baert Wiener
/21. Establishing and Operating the Clean Development Mechanism
/Michael A. Toman
/22. Allocating Liability in International Greenhouse Gas Emissions Trading and the Clean Development Mechnism
/Suzi Kerr
/23. International Equity and Climate Change Policy
/Marina V. Cazorla and Michael A. Toman
/24. The Economics of Climate-Friendly Technology Diffusion in Developing Countries
/Allen Blackman
/25. Including Developing Countries in Global Efforts for Greenhouse Gas Reduction
/Ramćn López
/Conclusion
/26. Moving Ahead with Climate Policy
/Michael A. Toman
/Glossary
/Index

Editorial Reviews

Beginning with an overview and policy history, this book explores the potential impact of climate change on water resources, agriculture, forests, and other domains. Twenty-six contributions evaluate policies affecting greenhouse gas emissions, including electricity restructuring, carbon sequestration in forests, and early reduction programs. In considering options at both the domestic and international levels, they examine command and control strategies, energy efficiency opportunities, taxes, emissions trading, subsidy reform, and inducements for technological progress. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Booknews

'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

From the Publisher