Climate-change policy : a survey / Dieter Helm -- Science informing policy on climate change / David King -- Uncertainty and climate-change policy / Alan Ingham and Alistair Ulph -- Integrated assessment models / Chris Hope -- The social cost of carbon / David Pearce -- The social costs of greenhouse gases : their values and policy implications / Robert Mendelsohn -- The marginal damage costs of carbon-dioxide emissions / Richard S.J. Tol -- The tradable-permits approach to protecting the commons : lessons for climate change / Tom Tietenberg -- Carbon trading in the policy mix / Steven Sorrell and Jos Sijm -- Fiscal interactions and the case for carbon taxes over grandfathered carbon permits / Ian W.H. Parry -- Tradable permits for climate change : implications for compliance, monitoring, and enforcement / Nick Johnstone -- The Kyoto protocol : success or failure? / Christoph Böhringer and Michale Finus -- Kyoto plus / Scott Barrett -- Credible carbon taxes / Dieter Helm, Cameron Hepburn, and Richard Mash -- Climate change and energy policy / Dieter Helm.
Summary
The threat posed by climate change has not yet been matched by international agreements and economic policies that can deliver sharp reductions in greenhouse-gas emissions. Although the Kyoto Protocol has now been ratified by Russia and hence come into legal effect, the USA, China, and India are all outside its emissions caps. Few European countries are on course to meet their own national targets, and even if fully implemented, it is widely acknowledged that the Kyoto Protocol. would make little difference to the carbon concentrations in the atmosphere. In consequence, there is a search for a.
