PART TWO - CLIMATE POLICY CHOICES
Published online by Cambridge University Press: 01 June 2011
Summary
The second half of the book draws from the lessons of Earth's climate history and outlook to assess alternative possible policy responses. It begins with a broad discussion of policy goals, including a review of efforts to assess the costs of the prospective damages from climate change. It then considers major options among policy mandates and market-based approaches. Market-based alternatives include taxes and cap-and-trade systems; the latter may take quite different forms, depending on their detailed design features. Existing and proposed options for cap-and-trade design are assessed and insights are drawn from the experiences with monetary management. The final portion of the book discusses existing and prospective frameworks for the international coordination of climate policies.
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- Climate Policy FoundationsScience and Economics with Lessons from Monetary Regulation, pp. 111 - 112Publisher: Cambridge University PressPrint publication year: 2011
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