Economics and Policy Issues in Climate Change

Economics and Policy Issues in Climate Change

by William D. Nordhaus
     
 

Although the negotiation of the Kyoto Protocol focused world attention on the global climate, it was just one step in the ongoing process of addressing climate change in all its facets. Research by the UN's Intergovernmental Panel on Climate Change (IPCC) has been ongoing since 1988. An extensive IPCC Working Group report published in 1995 examined the economic and

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Overview

Although the negotiation of the Kyoto Protocol focused world attention on the global climate, it was just one step in the ongoing process of addressing climate change in all its facets. Research by the UN's Intergovernmental Panel on Climate Change (IPCC) has been ongoing since 1988. An extensive IPCC Working Group report published in 1995 examined the economic and social aspects of climate change. In this volume, eminent analysts assess that IPCC report and address the questions that emerge from it. The result is an instructive and cogent look at the realities of climate change and some methods (and difficulties) of dealing with them. William Nordhaus's introduction establishes the context for the book. It provides basic scientific background on climate change, reviews the IPCC's activities, and explains the genesis of the analyses. Subsequent contributions fall into two categories. Early chapters review analytical issues critical to social and economic understanding of climate change. A second set of chapters address specific economic questions surrounding climate-change policy. The result is an original and significant contribution to the evolving debate on this crucial hot-button topic.

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Product Details

ISBN-13:
9780915707959
Publisher:
Taylor & Francis
Publication date:
09/28/1998
Series:
RFF Press Ser.
Edition description:
1
Pages:
336
Product dimensions:
6.28(w) x 9.28(h) x 0.91(d)
Lexile:
1480L (what's this?)

Table of Contents

Foreword
Michael A. Toman
Preface
William D. Nordhaus
1. Assessing the Economics of Climate Change: An Introduction
William D. Nordhaus
Part 1. Major Analytical Issues
2. Policy Analysis for Decisionmaking About Climate Change
M. Granger Morgan
Comments
Akihiro Amano
Alan S. Manne
3. Equity and Discounting in Climate Change Decisions
Robert C. Lind and Richard E. Schuler
Comments
William R. Cline
Richard N. Cooper
4. Applicability of Cost-Benefit Analysis to Climate Change
Paul R. Portney
Comments
Ferenc L. Toth
5. Greenhouse Policy Architectures and Institutions
Richard Schmalensee
Comments
R. K. Pachauri
Part 2. Specific Climate Change Policy Issues
6. The Costs of Greenhouse Gas Abatement
Tom Kram
7. The Costs of Carbon Emissions Reductions
John P. Weyant
Comments
Richard Richels
8. Climate Change Damages
Robert Mendelsohn
Comments
Richard S. J. Tol
John Reilly
William R. Cline
9. Integrated Assessment Modeling of Climate Change
Charles D. Kolstad
Comments
John P. Weyant
Jae Edmonds
Index

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