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The Design of Climate Policy$
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Roger Guesnerie and Henry Tulkens

Print publication date: 2008

Print ISBN-13: 9780262073028

Published to MIT Press Scholarship Online: August 2013

DOI: 10.7551/mitpress/9780262073028.001.0001

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PRINTED FROM MIT PRESS SCHOLARSHIP ONLINE (www.mitpress.universitypressscholarship.com). (c) Copyright The MIT Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in MITSO for personal use.date: 03 August 2021

Economics versus Climate Change

Economics versus Climate Change

(p.200) (p.201) 10 Economics versus Climate Change
The Design of Climate Policy

William A. Pizer

The MIT Press

This chapter presents the economic arguments applied to the problem of climate change. It examines whether an international agreement is necessary to initiate action on climate change. It also addresses whether international emissions trading or globally harmonized marginal abatement costs should be pursued as a policy goal. The chapter also discusses how domestic and international actions encourage long-term solutions for climate change.

Keywords:   climate change, international agreement, international emissions trading, emissions, marginal abatement costs

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