Efficiency and Equity of Climate Change Policy
Efficiency and Equity of Climate Change Policy is a comprehensive assessment of the economic effects of climate change policy, addressing the issues with a quantitative modelling approach. The book thus goes beyond the usual statements on the efficiency of economic instruments to identify the way gains and losses are distributed; who gains and who loses. Both the costs and benefits of climate change policies are analyzed. Most papers also provide useful information on the economic features of the Kyoto Protocol, its possible extensions, and the effect of different implementation strategies (such as the debate on emissions trading ceilings).
Readership: Scientists and policy makers, students and specialists in climate related industries, members of NGOs, and policy advisors.
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aggregate agreement allocation allowed analysis Annex B countries baseline benefits Bohm capita emissions carbon emissions carbon leakage carbon tax Carraro ceilings Clean Development Mechanism Climate Change Policy climate policy CO2 emissions commitment period constraints consumption developing countries discount distribution domestic dynamic inconsistency early crediting ecocars economic effects Efficiency and Equity emissions permits emissions quotas emissions reductions emissions rights endogenous energy efficiency environmental European European Commission exogenous Figure flexibility mechanisms fossil fuel fuel efficiency future GHG emissions global warming Green Certificates greenhouse gas hot air Hourcade impact implies income increase Interperiod investment issue joint implementation Kyoto Protocol Kyoto targets lower marginal abatement costs mitigation negotiations non-Annex Nordhaus optimal options permit price permit trading potential ppmv production regions renewable electricity renewable energy resource scenario sector simulation supplementarity system of Green technical change tion tonnes tradable trading system transport