Climate Change Policy

Author: Dieter Helm
Publisher: Oxford University Press
ISBN: 9780199281459
Published In: July 2007
Format: Hardback , 414 pages
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Comprehensive treatment of the economics of climate change

Provides a critique of the Kyoto framework and option for post-Kyoto international agreements

Written by internationally recognized subject experts

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.

Readership: Academics, environmental economists and professionals in the energy sector

1: Dieter Helm: Introduction

2: Dieter Helm: Climate change policy: a survey

3: Alistair Ulph: Uncertainty and climate change policy

The Social Cost of Carbon

4: David Pearce: The social cost of carbon

5: Robert Mendelsohn: Climate change policy

6: Richard Tol: Climate change costs

Tradable Permits and Carbon Taxes

7: Tom Tietenberg: The tradable permits approach to protecting the commons

8: Stephen Sorrell and Jos Sijm: Carbon trading in the policy mix

9: Ian Perry: Fiscal interactions and the case for carbon taxes over grandfathered carbon permits

Interventions and Command and Control

10: Michael Grubb: Renewables, technical progress and innovation

11: Stephen DeCanio: Energy efficiency: the evidence

Kyoto and After

12: Christoph Böhringer: Will Kyoto work?

13: David Victor: Alternatives to Kyoto

14: Scott Barrett: After Kyoto: what to do next

Institutional Design

15: Dieter Helm, Cameron Hepburn, and Richard Mash: Credible carbon taxes

16: Philippe Sands: The IPCC: its role and influence

17: Dieter Helm: Whither climate-change policy?

18: Chris Hope: Integrated assessment models

Edited by Dieter Helm, Official Fellow in Economics at New College, Oxford University

Contributors:

Dieter Helm, University of Oxford

Alistair Ulph, University of Southampton

David Pearce, University College London

Robert Mendelsohn, Yale University

Richard Tol, Hamburg University

Tom Tietenberg, Colby College, Maine

Stephen Sorrell, University of Sussex

Jos Sijm, Energy Research Centre of the Netherlands

Ian Parry, Resources for the Future, Washington D.C.

Michael Grubb, University of Cambridge

Stephen DeCanio, University of California, Santa Barbra

Christoph Böhringer, Centre for European Economic Research (ZEW), Mannheim

David Victor, Stanford University

Scott Barrett, Johns Hopkins University

Cameron Hepburn, University of Oxford

Richard Mash, University of Oxford

Philippe Sands, SOAS, University of London

Chris Hope, University of Cambridge

"Its interdisciplinary approach is to be welcomed and the book is well organised." - Jonathan Kohler, Environmental Values Vol 15

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