Argument in the Greenhouse: The International Economics of Controlling Global WarmingHow can greenhouse gases be controlled and reduced? Will it be in time? This book adds a significant new contribution to the crucial climate change/global warming debate. Incorporating the key political and legal considerations into `real world' applied economic analysis, the authors provide a unique focus on the wider political economy of the problem. All the key issues of controlling climate change (costs, timing and degree of stabilisation, ecological taxt reform, developing countries, and evolution of international agreements), are placed firmly within the current legal and political context, with state-of-the-art economic techniques introduced to analyse different policy proposals. Covering both the developing and developed world, this book identifies important new policies to foster effective agreements on eissions and prevent global warming - realistic policies, likely to receive support at both international and domestic levels. be in time? This book adds a significant new contribution to the crucial climate change/global warming debate. Incorporating the key political and legal considerations into 'real world' applied economic analysis, the book's authors provide a unique focus on the wider political economy of the problem. All the key issues of controlling climate change (costs, timing and degree of stabilisation, ecological tax reform, developing countries and evolution of international agreements), are placed firmly within the current legal and political economy context, with state-of-the-art economic techniques introduced to analyse different policy proposals. Covering both the developing and developed world, this book identifies important new policies to foster effective agreements on emmissions and prevent global warming - realistic policies which are likely to receive support at both international and domestic levels. |
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abatement aggregate agreement analysis approach assumed assumptions benefits calculated capital carbon tax caused cent Chapter climate change co-operation compared concentrations considered consumption countries damage costs decrease demand depend determined developing developing countries distribution dynamics economic effects efficiency EGEM elasticity emissions employment energy intensity environmental equations equilibrium estimated Europe example existing expected factors Figure fossil fuel function future gains give given global growth higher impacts implies important income increase industrial investment Italy Japan labour labour tax leakage levels long run loss lower macroeconomic marginal means measures North America OECD optimal optimisation output period permits political potential probably problem production recycling reduce regions relative rise saving scenario sector shows side simulation stabilisation structure studies substitution supply Table taxation technical term tion trade uncertainty unit welfare