Climate change and energy consumption are at the forefront of current environmental debate. Whilst energy is essential to the functioning and survival of our societies, the environmental impact that energy consumption is having, particularly on climate change, is a growing concern and the design and practicalities of energy and energy-related environmental policies are under constant scrutiny. This innovative new book not only addresses the economic assessment of environmental and energy policies but also discusses the efficiency and distributional consequences these policies have for producers and consumers. With contributions from leading academics in the field, this comprehensive volume uses a variety of methodological approaches with which to explore a number of pertinent issues, including several studies on the EU Emission Trading System, as well as more advanced topics such as indeterminacy and optimal environmental public policies, energy-saving technological progress, oil shocks and energy transitions and policy design. Combining theoretical and empirical work, this timely book is a significant contribution to the existing literature and deals with issues at the frontier of current economic knowledge. Economic Modelling of Climate Change and Energy Policies is a unique and informative book and will have widespread appeal amongst scholars, students and policymakers.

`This book sheds helpful light on the options individual countries and the world community face in the wake of the Copenhagen climate conference. Not only academics, but policymakers and journalists will find it useful reading as they prepare for domestic climate policy debates and the international negotiations scheduled for December 2010 in Cancun, Mexico.' - Robert N. Stavins, Harvard University, US `If you want to know the latest thinking about the economics of climate change, then this timely book is the best compendium currently out there.' - Martin Weitzman, Harvard University, US Written by leading international experts in the field, this book reveals the various economic effects from climate change policies introduced at national and international levels. They describe actual applications of climate change policies in the main emitting countries. After the Copenhagen climate change summit, it was clear that there was a requirement for a comprehensive analysis of climate change policies - costs and benefits. Climate Change Policies is an eloquent insight into the foundations, design and effects of climate change policies. It includes chapters on public policies and climate change impacts, adaptation, mitigation, effects on competitiveness, new technologies, distributional concerns and the international dimension. With an emphasis on the economic aspects associated with climate change policies, this book will be invaluable for academics and researchers of environment economics and climate change policy. Policymakers, journalists and scientists will also find much to interest them in this enlightening resource.