The major purpose of this book is to contribute to better economic
policy analysis through improvements in models studying the
economic impacts of carbon dioxide (CO2) and other greenhouse
gases, and to show ways in which economic instruments can
effectively be put to use to alleviate such problems. Global
Environmental Economics is an integrated economic assessment of GHG
emissions impacting economic growth and welfare change along major
considerations of uncertainty, technological change and
cooperation. A theoretical treatment of the issues is emphasized,
using modern tools of economic theory and based on 'simple' models
that yield illustrative results in terms of 'what-if' questions.
With this focus the book distinguishes itself uniquely from other
economic analytic approaches in the field that have appeared in the
past few years. It focuses on the analysis, control and
optimization of modelling forms rather than the collection and
analysis of data. More concretely, the book searches for optimal
fossil fuel use, research and technology policies rather than
prediction of the future. The collection appeals to researchers
interested in environmental economics, economic theory, and
mathematical methods (in particular optimal-control theory) and
economic growth.
General
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