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The Economics of Climate Policy

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  • Toman, Michael
  • Kolstad, Charles

Abstract

Economics has played an increasingly important role in shaping policy, in the United States and elsewhere. This paper reviews some of the dimensions of the economic approach to analyzing, understanding, and developing solutions to the problem of climate change. We then turn to the issue of designing regulatory instruments to control the problem. The paper concludes with a discussion of the political economy of greenhouse gas control in an international context.

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Paper provided by Resources For the Future in its series Discussion Papers with number dp-00-40.

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Date of creation: 01 Sep 2000
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Handle: RePEc:rff:dpaper:dp-00-40

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Keywords: climate change; climate policy design; integrated assessment; environmental policy coordination;

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