Abstract

Preface Michael A. Toman 1. Climate Change Economics and Policies: An Overview Michael A. Toman Part One: Introduction 2. How the Kyoto Protocol Developed: A Brief History J. W. Anderson 3. The Energy-CO2 Connection: A Review of Trends and Challenges Joel Darmstadter 4. How Much Climate Change Is Too Much? An Economics Perspective Jason F. Shogren and Michael A. Toman Appendix A: The Costs of the Kyoto Protocol Sarah A. Cline Part Two: Impacts of Greenhouse Gas Emissions 5. Agriculture and Climate Change Pierre Crosson 6. Water Resources and Climate Change Kenneth D. Frederick 7. Forests and Climate Change Roger A. Sedjo and Brent Sohngen 8. 'Ancillary Benefits' of Greenhouse Gas Mitigation Policies Dallas Burtraw and Michael A. Toman Appendix B: Climate Change, Health Risks, and Economics Alan J. Krupnick Part Three: Policy Design and Implementation Issues 9. Choosing Price or Quantity Controls for Greenhouse Gases William A. Pizer 10. Using Emissions Trading to Regulate National Greenhouse Gas Emissions Carolyn Fischer, Suzi Kerr, and Michael A. Toman 11. Revenue Recycling and the Costs of Reducing Carbon Emissions Ian W.H. Parry 12. Confronting the Adverse Industry Impacts of CO2 Abatement Policies: What Does It Cost? Lawrence H. Goulder 13. Carbon Sinks in the Post-Kyoto World Roger A. Sedjo, Brent Sohngen, and Pamela Jagger 14. Environmentally and Economically Damaging Subsidies: Concepts and Illustrations Carolyn Fischer and Michael A. Toman 15. Electricity Restructuring: Shortcut or Detour on the Road to Achieving Greenhouse Gas Reductions? Karen L. Palmer 16. The Role of Renewable Resources in U.S. Electricity Generation: Experience and Prospects Joel Darmstadter 17. Energy-Efficient Technologies and Climate Change Policies: Issues and Evidence Adam B. Jaffe, Richard G. Newell, and Robert N. Stavins 18. Climate Change Policy Choices and Technical Innovation Carolyn Fischer 19. Greenhous Gas 'Early Reduction' Programs: A Critical Appraisal Ian W.H. Parry and Michael A. Toman Appendix C: Climate Policy and the Economics of Technical Advance: Drawing on Inventive Activity Raymond J. Kopp Part Four: International Considerations 20. Policy Design for International Greenhouse Gas Control Jonathan Baert Wiener 21. Establishing and Operating the Clean Development Mechanism Michael A. Toman 22. Allocating Liability in International Greenhouse Gas Emissions Trading and the Clean Development Mechnism Suzi Kerr 23. International Equity and Climate Change Policy Marina V. Cazorla and Michael A. Toman 24. The Economics of Climate-Friendly Technology Diffusion in Developing Countries Allen Blackman 25. Including Developing Countries in Global Efforts for Greenhouse Gas Reduction Ram n L pez Conclusion 26. Moving Ahead with Climate Policy Michael A. Toman Glossary Index

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