Robert Repetto and Duncan Austin Costs are clearly a key issue in implementing the policies required to meet the agree-ments made at the Rio Earth Summit in 1992. Some economic models predict that reducing the emissions will cause a sharp drop in GNP; other models show that reductions will stimulate growth. To help readers form their own judgment about the likely economic impacts of climate change policy, The Costs of Climate Protection: A Guide for the Perplexed examines 16 widely used economic models to identify the key assumptions that account for more than 80 percent of the differences in predictions. Authors Robert Repetto and Duncan Austin look at the policy option under prime consideration in the United States to stabilize carbon dioxide emissions at 1990 levels by 2010 and identify areas of policy agreement among the underlying economic models. 1997 / 60 pages |
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