Reducing greenhouse gas emissions is a major environmental challenge facing the world. We all want to reduce the risks of global warming, but how much will this cost? What will it mean on a personal, business, or community level? And what policy responses should we expect from our governments?
The Cost of Climate Policy sheds light on these pressing issues. The authors look at the challenges of estimating the costs of greenhouse gas emission reduction to help readers understand how different definitions of costs and different assumptions about technological and economic evolution affect the estimates that are so hotly debated today. Using Canada as their focal point, the authors look specifically at the impact of emission reduction policies on energy prices, technology options, and lifestyle choices.
The book concludes with concrete proposals for overcoming the constraints of environmental policy making and the high initial costs of action. Policy makers need to know as much as possible about the costs of taking action to reduce greenhouse gas emissions. As indispensable as this book will be to policy analysts, it is also an important primer for a wider range of readers interested in the economic implications of climate change.
- 2002, Short-listed - Donner Prize, Donner Foundation
- 2003, Short-listed - Doug Pervis Memorial Prize, Canadian Economics Association
- 2002, Winner - Outstanding Contribution to Public Policy, Government of Canada, Policy Research Initiative
This essential book will go a long way toward enlightening the public about the cost of meeting the Kyoto Protocol and the policy measures available. It is, I believe, the first comprehensive book about climate change economics in Canada.
The Cost of Climate Policy is rigorous and focused enough to be useful to someone who wants to understand this key aspect of climate change.
Figures and Tables
1 The Climate Change Threat: Why Reduce GHG Emissions?
2 The Challenges of Estimating Emission Reduction Costs
3 A Method for Estimating Policy Costs
4 National Estimates
5 Sectoral Estimates
6 Regional Estimates
7 Domestic Policy Options
8 The Next Steps: Addressing the Uncertainties of GHG Abatement Costs
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