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The greenhouse effect: What government actions are needed?

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Author Info

  • Lester B. Lave

Abstract

The greenhouse effect will bring large climate changes, possibly a hostile environment, and social consequences that will range from business as usual to disaster. At present uncertainty dominates forecasts of both the climate change and derivative ecosystem and social consequences. Policy analysis must proceed in the midst of vast uncertainty, seeking programs that are unlikely to be harmful or costly if the greenhouse consequences are more benign than predicted and likely to help if the worst happens. The worst consequences are likely to occur to unmanaged ecosystems and to developing countries; in contrast, the industrial nations may experience only minor irritations, apart from the eventual rise in sea level.

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File URL: http://hdl.handle.net/10.2307/3323724
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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Journal of Policy Analysis and Management.

Volume (Year): 7 (1987)
Issue (Month): 3 ()
Pages: 460-470

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Handle: RePEc:wly:jpamgt:v:7:y:1987:i:3:p:460-470

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Web page: http://www3.interscience.wiley.com/journal/34787/home

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Cited by:
  1. Hahn, Robert W., 1998. "The Economics & Politics of Climate Change," Working paper 610, Regulation2point0.
  2. Christian Engau & Volker Hoffmann, 2011. "Corporate response strategies to regulatory uncertainty: evidence from uncertainty about post-Kyoto regulation," Policy Sciences, Springer, vol. 44(1), pages 53-80, March.
  3. James M. Poterba, 1991. "Tax Policy to Combat Global Warming: On Designing a Carbon Tax," NBER Working Papers 3649, National Bureau of Economic Research, Inc.
  4. Hahn, Robert W., 1998. "The Economics and Politics of Climate Change," Working paper 60, Regulation2point0.

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