Climate Change Policy
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Product details:
- Publisher OUP Oxford
- Date of Publication 5 May 2005
- ISBN 9780199281459
- Binding Hardback
- No. of pages424 pages
- Size 242x163x27 mm
- Weight 772 g
- Language English 0
Categories
Short description:
The threat posed by climate change has not yet been matched by international agreements and economic policies that can deliver sharp reductions in greenhouse-gas emissions. Although the Kyoto Protocol has now been ratified by Russia and hence come into legal effect, the USA, China, and India are all outside its emissions caps. Few European countries are on course to meet their own national targets, and even if fully implemented, it is widely acknowledged that the Kyoto Protocol would make little difference to the carbon concentrations in the atmosphere. 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 accessible overview of the economics of climate change, the policy options, and the scope for making significant carbon reductions.
MoreLong description:
The threat posed by climate change has not yet been matched by international agreements and economic policies that can deliver sharp reductions in greenhouse-gas emissions. Although the Kyoto Protocol has now been ratified by Russia and hence come into legal effect, the USA, China, and India are all outside its emissions caps. Few European countries are on course to meet their own national targets, and even if fully implemented, it is widely acknowledged that the Kyoto Protocol would make little difference to the carbon concentrations in the atmosphere. 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. Carbon taxes and emissions trading are, in particular, being established in a number of developing countries. This volume provides an accessible overview of the economics of climate change, the policy options, and the scope for making significant carbon reductions.
Its interdisciplinary approach is to be welcomed and the book is well organised.
Table of Contents:
Introduction
Climate change policy: a survey
Uncertainty and climate change policy
The Social Cost of Carbon
The social cost of carbon
Climate change policy
Climate change costs
Tradable Permits and Carbon Taxes
The tradable permits approach to protecting the commons
Carbon trading in the policy mix
Fiscal interactions and the case for carbon taxes over grandfathered carbon permits
Interventions and Command and Control
Renewables, technical progress and innovation
Energy efficiency: the evidence
Kyoto and After
Will Kyoto work?
Alternatives to Kyoto
After Kyoto: what to do next
Institutional Design
Credible carbon taxes
The IPCC: its role and influence
Whither climate-change policy?
Integrated assessment models
