Looking for an examination copy?
If you are interested in the title for your course we can consider offering an examination copy. To register your interest please contact email@example.com providing details of the course you are teaching.
This book provides a thorough grounding in the science and economics of climate policy issues and draws key lessons from the longer experiences of central banks in grappling with related challenges. Findings and controversies of climate history and the effects of human activities on climate are reviewed. The author describes similarities in risk management approaches for climate and monetary policy. Overall goals and frameworks for addressing climate change risks are assessed. Command-and-control and market-based options are compared (including performance standards, taxes, and cap-and-trade). Market-based approaches sometimes require a choice between prices and quantities as policy instruments. However, the author discusses how techniques of central bank interest rate management can be adapted in a hybrid climate policy approach to achieve environmental goals while making carbon prices predictable and also ensuring well-functioning carbon markets. Key lessons are offered for improving existing and future national and international climate policy architectures.Read more
- Explains how to assess risks to both climate and the economy when deciding on climate policies
- Provides an objective evaluation of scientific findings and uncertainties impinging on climate outlook and its economic implications
- Explains innovative options for climate policy that have attracted the interest of US policymakers
Reviews & endorsements
“Those put off by climate hysteria will find in this book a calm and reasoned discussion that succeeds in pointing out both the unprecedented position in which humans find themselves from a geological perspective and their demonstrated ability to deal satisfactorily with problems of similar complexity through monetary policy.” – A. Denny Ellerman, European University Institute and Massachusetts Institute of TechnologySee more reviews
“Whitesell’s book is a tour de force. He gives us a unique combination of climate history, climate science, and economic insight. It is a perfect foundation for discussing policy.” – E. Donald Elliott, Adjunct Professor of Environmental Law, Yale Law School, and former General Counsel, U.S. Environmental Protection Agency
“A volume that not only does a very good job of summarizing in one place the science and economics of climate change but also of providing valuable lessons for policy design.” – Juan-Pablo Montero, Pontificia Universidad Católica de Chile
“Whitesell’s book should be a must-read for anybody attempting to tackle the challenge of our warming Earth. Rather than presenting the black-or-white, all-or-nothing picture that so often characterizes our political debate, Whitesell provides the reader with the shades of gray that truly dominate the debate, and provides a sense of the risk management decisions necessary to attack the resulting uncertainty. May our leaders find a way to bring as sophisticated an approach to the great challenge of climate change!” – Timothy Profeta, Duke University
Not yet reviewed
Be the first to review
Review was not posted due to profanity×
- Date Published: August 2012
- format: Paperback
- isbn: 9781107614727
- length: 256 pages
- dimensions: 229 x 152 x 15 mm
- weight: 0.39kg
- availability: Available
Table of Contents
Part I. Earth's Climate History and Outlook:
1. Salient events of climate history
2. Human and climate interactions
3. Greenhouse gases
4. Emitting economic sectors
5. Forecasts of GHG emissions and global temperatures
6. Potential impacts of climate change
Part II. Climate Policy Choices:
7. Climate policy goals
8. Policy mandates and market-based approaches
9. The design of cap-and-trade programs
10. Prices, quantities and lessons from monetary policy
11. The outlook for climate policies
Appendix: discount rates in climate analysis.
Sorry, this resource is locked
Please register or sign in to request access. If you are having problems accessing these resources please email firstname.lastname@example.orgRegister Sign in
You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.Continue ×
Are you sure you want to delete your account?
This cannot be undone.
Thank you for your feedback which will help us improve our service.
If you requested a response, we will make sure to get back to you shortly.×