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Table of Contents

Оглавление

Preface

Summary and Introduction

Common Resources: Addressing a Market Failure

Balancing Competing Uses

Policy Options

International Coordination

The Scientific and Historical Context

The Greenhouse Effect, the Carbon Cycle, and the Global Climate

Figure 1. The Atmospheric Energy Budget and the Greenhouse Effect

Figure 2. Carbon Dioxide and Temperature

Figure 3. The Carbon Cycle

Historical Emissions and Climate Change

Figure 4. Uncertainty in Projections of Regional Population and Economic Growth

Figure 5. Uncertainty in Projections of Regional Carbon Dioxide Emissions and Emissions Intensity

What the Future May Hold

Figure 6. Range of Uncertainty in Economic and Carbon Dioxide Emissions Projections

Figure 7. Historical and Projected Climate Change

Potential Responses

Types of Uncertainty

The Economics of Climate Change

Common Resources and Property Rights

An Example: Common Fishing Resources

A Second Example: Common Air Resources

The Atmosphere and Climate

Economic Trade-Offs

Balancing Competing Uses of the Atmosphere

Integrated Assessments of Costs and Benefits

Coping with Uncertainty

Box 1. Discounting and the Distant Future

Box 2. An Example of Integrated Assessment

Sensitivity to Assumptions

Evaluating the Integrated Assessment Method

Distributional Issues

Issues Among Generations

Concerns Within and Among Countries

Trade-Offs Among Policy Options

Taxes and Permits: Similarities and Differences

The Distributional Effects of Regulation

Regulations Impose Costs

Consumers Bear Most of the Direct Costs in the Long Run

Regulations and Taxes Have Substantial Distributional Effects

Distributional Effects Depend on How the Government Regulates Emissions

Alternative Uses of Revenues

Regulation and Innovation

Ancillary Benefits of Greenhouse Gas Restrictions

International Coordination of Climate Policy

International Policy Considerations

Regulatory Approaches

Compliance

International Institutions to Address Climate Change

The Kyoto Protocol

Subsequent Negotiations

Implementation Costs

Actions by the United States

Alternative Approaches

Economic Models and Climate Policy

Types of Models

Treatment of Expectations

Technological Change

Integrated Assessment

Chapter 2

Chapter 3

Chapter 4

Chapter 5

The Economics of Climate Change: a Primer

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