Although the negotiation of the Kyoto Protocol focused world
attention on the global climate, it was just one step in the
ongoing process of addressing climate change in all its facets.
Research by the UN's Intergovernmental Panel on Climate Change
(IPCC) has been ongoing since 1988. An extensive IPCC Working Group
report published in 1995 examined the economic and social aspects
of climate change. In this volume, eminent analysts assess that
IPCC report and address the questions that emerge from it. The
result is an instructive and cogent look at the realities of
climate change and some methods (and difficulties) of dealing with
them. William Nordhaus's introduction establishes the context for
the book. It provides basic scientific background on climate
change, reviews the IPCC's activities, and explains the genesis of
the analyses. Subsequent contributions fall into two categories.
Early chapters review analytical issues critical to social and
economic understanding of climate change. A second set of chapters
address specific economic questions surrounding climate-change
policy. The result is an original and significant contribution to
the evolving debate on this crucial hot-button topic.
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