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Climate Change Policy After Kyoto

a Blueprint for a Realistic Approach
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The book summarizes the current state of knowledge about climate change and discusses the history of negotiations since 1992. The authors argue that the Kyoto Protocol is the wrong approach to the problem of climate change. It outlines important insights that economic theory offers for the design of climate policy, and uses those insights to develop a simple framework that will reduce greenhouse gas emissions.
Warwick J. McKibbin is a professor of international economics and head of the Economics Division at the Australian National University's Research School of Pacific and Asian Studies. He also is a nonresident senior fellow in the Economic Studies program at the Brookings Institution and a member of the board of the Reserve Bank of Australia. Peter J. Wilcoxen is an associate professor in the department of economics at the University of Texas, Austin, and a nonresident senior fellow in the Economic Studies program at the Brookings Institution.
"Excellent for students who are being introduced to global warming and the vicissitudes of getting an effective international response.... This book is a policy brief meant to inform negotiators and policy makers about some basic ideas without getting bogged down in lots of details.... The book is an excellent policy brief of their plan, good for policy makers and also good for economists (expecially graduate students) who would like to consider the plan and try to work out some of its implications and ramifications." -Barry C. Field, University of Massachusetts, Amherst, American Journal of Agricultural Economics, 8/1/2004
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