Climate Change Economics And Policy Book

	Preface
	Contributors
1	Climate Change Economics and Policies: An Overview	1
Pt. 1	Introduction
2	How the Kyoto Protocol Developed: A Brief History	11
3	The Energy-CO[subscript 2] Connection: A Review of Trends and Challenges	24
4	How Much Climate Change Is Too Much? An Economics Perspective	35
App. A	The Cost of the Kyoto Protocol	48
Pt. 2	Impacts of Greenhouse Gas Emissions
5	Agriculture and Climate Change	61
6	Water Resources and Climate Change	67
7	Forests and Climate Change	75
8	"Ancillary Benefits" of Greenhouse Gas Mitigation Policies	80
App. B	Climate Change, Health Risks, and Economics	93
Pt. 3	Policy Design and Implementation Issues
9	Choosing Price or Quantity Controls for Greenhouse Gases	99
10	Using Emissions Trading to Regulate National Greenhouse Gas Emissions	108
11	Revenue Recycling and the Costs of Reducing Carbon Emissions	119
12	Confronting the Adverse Industry Impacts of CO[subscript 2] Abatement Polities: What Does It Cost?	125
13	Carbon Sinks in the Post-Kyoto World	134
14	Environmentally and Economically Damaging Subsidies: Concepts and Illustrations	143
15	Electricity Restructuring: Shortcut or Detour on the Road to Achieving Greenhouse Gas Reductions?	153
16	The Role of Renewable Resources in U.S. Electricity Generation: Experience and Prospects	161
17	Energy-Efficient Technologies and Climate Change Policies: Issues and Evidence	171
18	Climate Change Policy Choices and Technical Innovation	182
19	Greenhouse Gas "Early Reduction" Programs: A Critical Appraisal	191
App. C	Climate Policy and the Economics of Technical Advance: Drawing on Inventive Activity	198
Pt. 4	International Considerations
20	Policy Design for International Greenhouse Gas Control	205
21	Establishing and Operating the Clean Development Mechanism	216
22	Allocating Liability in International Greenhouse Gas Emissions Trading and the Clean Development Mechanism	227
23	International Equity and Climate Change Policy	235
24	The Economic of Climate-Friendly Technology Diffusion in Developing Countries	248
25	Including Developing Countries in Global Efforts for Greenhouse Gas Reduction	253
	Conclusion
26	Moving Ahead with Climate Policy	257
	Glossary	266
	Index	271