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.
The Economics of Climate Policy
Working Paper by Charles Kolstad and Michael Toman — 1 minute read — Sept. 1, 2000
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