Governments around the globe have begun to implement various
actions to limit carbon emissions and so, combat climate change.
This book brings together some of the leading scholars in
environmental and climate economics to examine the distributional
consequences of policies that are designed to reduce these carbon
emissions.Whether through a carbon tax, cap-and-trade system or
other mechanisms, most proposals to reduce carbon emissions include
some kind of carbon pricing system - shifting the costs of
emissions onto polluters and providing an incentive to find the
least costly methods of abatement. This standard efficiency
justification for pricing carbon also has important distributional
consequences - a problem that is often ignored by economists while
being a major focus of attention in the political arena. Leading
scholars in environmental and climate economics take up these
issues to examine such questions as: Will the costs fall on current
or future generations? Will they fall on the rich, poor, middle
class, or on everyone proportionally? Which countries will benefit,
and which will suffer? Students and scholars interested in climate
change, along with policy makers, will find this lively volume an
invaluable addition to the quest for information on this globally
important issue. Contributors include: S. Barrett, G.S. Becker, J.
Blonz, C. Boehringer, D. Burtraw, M.A. Cohen, M. Deshpande, S.
Devarajan, J. Elliott, C. Fischer, I. Foster, D. Fullerton, R.
Goettle, M. Greenstone, T. Hertel, G. Heutel, M.S. Ho, D.W.
Jorgenson, K. Judd, L. Kaplow, C.D. Kolstad, S. Kortum, A.M.
Levinson, R.D. Ludema, G.E. Metcalf, E. Moyer, T. Munson, K.M.
Murphy, S. Paltsev, I.W.H. Parry, W. Randolph, S. Rausch, J.M.
Reilly, K.E. Rosendahl, D.T. Slesnick, R.H. Topel, M.A. Walls, D.A.
Weisbach, M.L. Weitzman, P.J. Wilcoxen, R.C. Williams
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